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Hungary's fiscal deficit Ft 2,034 bln in 2006

Hungary's fiscal deficit was Ft 332.8 billion in December, the Finance Ministry announced on Tuesday.

The deficit figure is a slight Ft 7.2 billion under the Finance Ministry's latest deficit forecast of Ft 340 billion, published on December 19, 2006. The figure is cash-flow based and excludes local councils.
The general government deficit was Ft 2,033.8 billion in 2006, equivalent to 8.7% of projected GDP. The full year deficit was the same Ft 7.2 billion down from the Ft 2,041 billion target.