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Hungary 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Hungary’s 2007 Article IV Consultation reports that with fiscal consolidation on track for 2007 and 2008, short-term risks have receded, especially owing to the favorable international financial environment. Ensuring that the current economic slowdown does not translate into a prolonged period of lo...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Inflation
Public Debt
Banks
Finance
Public Finance & Taxation
Industries: Financial Services
Financial Institutions
Deflation
Debt Management
Micro Finance Institutions
Debts, Public
Debt
Currency
Exports And Imports
Mortgages
International Lending And Debt Problems
International Economics
External Debt
Debts, External
Sovereign Debt
Price Level
Foreign Exchange
Loans
Prices
Macroeconomics
Exchange Rates
Public Finance
Hungary
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Hungary’s 2007 Article IV Consultation reports that with fiscal consolidation on track for 2007 and 2008, short-term risks have receded, especially owing to the favorable international financial environment. Ensuring that the current economic slowdown does not translate into a prolonged period of low growth is important both for raising standards of living and for containing vulnerabilities. Putting the debt on a sustainable downward trend will also require a substantial decrease in the size of government expenditure in relation to GDP.
Physical Description:58 pages
ISBN:9781451818079

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