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The central budget accounted for HUF 3.62 tln of the shortfall, while social insurance funds posted a HUF 135.5 billion deficit. These were partially offset by a HUF 84 bln surplus from separate state funds.
In October alone, the general government deficit came to HUF 339 bln.
Interest expenditures totaled HUF 3.79 tln in January-October, HUF 587.1 bln more than in the same period a year earlier. Revenue from taxes and contributions rose 8%, with consumption taxes up 9%.
Spending on transportation and public utilities reached HUF 2.11 tln, up HUF 372.7 bln year-on-year, driven by road improvements, waterworks investments, and support for the regulated household utility price scheme.
Pension and pension-type spending amounted to HUF 6.07 tln, while expenditures on curative and preventive healthcare reached HUF 2.41 tln – both higher than in the base period.
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