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Debts of budget-supported institutions rise 12.3pc in August

The debts of government-budget-supported institutions rose 12.3pc month-on-month to HUF 30.6bn in August, recent data from the Hungarian State Treasury reveals.

Debt to the state made up HUF 961m of the total.

The debts of government-budget-supported institutions rose 42.3pc to HUF 30.6bn during the first eight months of the year, the treasury data shows.

The Ministry of National Resources, which is responsible for education, health and culture, incurred 46.8pc of the this debt during the first eight months of the year. (MTI-Econews)