The November surplus as well as the 11-month deficits are unchanged from the figures in the first reading published on December 8. The 11-month deficit ratio dropped, however, from 72.5% in the first reading as the Parliament revised in the meantime the deficit target for the full year up to HUF 1,151.5 bln from HUF 984 bln. The bulk of the amendments reflected the state’s assets purchases most of which raised the cashflow shortfall but did not affect the accrual-based ESA deficit.
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