Outlining the priorities of the government's economic policy, Varga put the balance — keeping the fiscal deficit low and continuing to reduce state debt levels — first, followed by reining in inflation and, thirdly, working to achieve sustainable economic growth.
He told Világgazdaság that those factors could mesh if state finances were disciplined and if spending on economic stimulus matched available resources.
"I can't stress enough that without balance, economic growth can only be superficial," he said, warning against "overspending: the error of earlier left-wing governments".
Varga noted that the Finance Ministry projected annual inflation of 5.2% and GDP growth of 3.6% for 2024.
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