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Economic research institute GKI has raised its projection for this yearʼs GDP growth to 3.4%, up from 3.2% in a forecast released in December, state news agency MTI reported Monday.
GKI expects EU transfers to continue to grow in 2019, but puts investment growth at only around 5%.
Hungaryʼs government projects the economy will grow 3.9% this year, the latest forecast by the Finance Ministry shows.
Meanwhile, the World Bank expects Hungaryʼs economy to grow by 3.2% in 2019.