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Ministry launches "state debt pressure gauge"

The gauge, which shows Hungary's state debt as a percentage of GDP, measures 81.18% at present.

The government aims to reduce Hungary's state debt under 70% of GDP in the coming years, the ministry said.

The government said in March that it plans to use 63% of assets transferred from private pension fund members returning to the state pension pillar to reduce state debt to 76-77% of GDP by the end of 2011. But it targets further falls in the level of debt supported by narrowing fiscal deficits in the years ahead.