The IMF expects strengthening economic growth, falling inflation and persistently low unemployment in Hungary, Finance Minister Mihály Varga said after participating at the annual meetings of the IMF and the World Bank Group in Washington, D.C.

Hungary’s policy of economic neutrality can preserve the improving economic outlook in spite of the uncertain international environment, he added.

The IMF puts Hungary’s GDP growth at 2.9% in 2025, the fifth-highest projection among the 27 EU member states.

Varga said the IMF acknowledged Hungary’s work-based economy and its efforts to gradually reduce its fiscal deficits and state debt levels.