Varga: Investor Interest in Economy 'Remains Strong'
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Investor interest in the Hungarian economy "remains strong," Minister of Finance Mihály Varga said in a post on Facebook.
"As is evident from the latest assessments by credit rating agencies, investors favorably assess the stable foundations of the Hungarian economy," Varga said.
"We cut the budget deficit in spite of the war, sanctions and the election year. We reduced state debt more than expected, too," he added.
He noted that Hungary's economy grew faster than the European Union average, even without Recovery and Resilience Facility (RRF) funding. "We'll avoid a recession this year, too," he added.
In a Facebook post on Thursday, Varga said he addressed 162 investors at a video conference organized by Citibank.
He was joined at the video conference by Government Debt Management Agency (ÁKK) CEO Zoltán Kurali and National Bank of Hungary (MNB) deputy governor Barnabás Virág.
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