ADVERTISEMENT

Hungary’s general government runs HUF 14.8 bln surplus at end-February

Telco

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 14.8 billion at the end of February, the National Economy Ministry (NGM) said yesterday, according to Hungarian news agency MTI.

The central budget ran a HUF 63.7 bln deficit for the period, while social security funds and separate state funds had surpluses of HUF 36.3 bln and HUF 42.2 bln, respectively. 

In February alone, the general government had a HUF 77.4 bln deficit.

The government targets a HUF 761.6 bln deficit for the full year.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.