Matolcsy predicts 3.5-4% GDP growth in 2017
shutterstock
GDP growth in Hungary could reach 3.5-4% in 2017, above even the governmentʼs own forecast, National Bank of Hungary Governor György Matolcsy said today at a meeting of the parliamentary Economic Committee, as reported by Hungarian news agency MTI.
For 2016 the National Bank of Hungary (MNB) stands by its forecast of economic growth reaching 3% of GDP, said Matolcsy.
The governor said that loose monetary policy would continue, but the MNB also considers the stability of the forint exchange rate important.
Matolcsy added that in 2015, in accordance with the central bank law, the MNB successfully ensured price stability, financial stability and support for the governmentʼs economic policy.
Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies
Bulgaria's Household Income, Spending Rise 20% in 2023
Baranya County Police Bust Phishing Gang
Spago Budapest Offering Unique Sunday Brunch Experience
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.
