Rate-setter approved by Parliament

Awards

The Hungarian Parliament yesterday voted to appoint Gusztav Bager a member of the rate-setting Monetary Council of the National Bank of Hungary (MNB), according to MTI.

Báger was born in 1938, and before 1990 he worked as an expert for the UNʼs European Economic Committee, and as a director of the National Planning Office of the government, MTI said.

He later served on the boards of several Hungarian commercial banks, worked as a director at the Finance Ministry, and was the head of the Development and Methodology Institute of the State Audit Office of Hungary, it added.

He is a lecturer at the Pázmány Péter Catholic University in Budapest. He is also a member of the Hungarian Writers Association.

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