Hungary’s government decided over the past two days on fiscal improvement measures that aim to keep the deficit in line with the 2.7% of GDP target for 2013, Prime Minister Viktor Orbán said at an economic forum on Friday.
The government is standing by its 2.7% deficit target for 2013, Orbán said.
The European Commission projected Hungary’s general government deficit would reach 2.9% of GDP in 2013 in a fresh country report.
Orbán noted that the government took the decisions on the fiscal improvement measures even as millions took to the streets in Western Europe to protest austerity measures.
He did not reveal any further details of the measures.
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