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Hungary 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary

This 2017 Article IV Consultation highlights Hungary’s several consecutive years of high growth and debt reduction. The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies. However, despite robust private sector con...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Depository Institutions
Inflation
Revenue Administration
Public Debt
Banks
Finance
Labour
Public Finance & Taxation
Industries: Financial Services
Banks And Banking
Deflation
Debt Management
Micro Finance Institutions
Fiscal Policy
Debts, Public
Debt
Exports And Imports
Mortgages
International Lending And Debt Problems
International Economics
External Debt
Debts, External
Sovereign Debt
Price Level
Taxation, Subsidies, And Revenue: General
Prices
Macroeconomics
Banking
Public Finance
Income Economics
Revenue
Hungary
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2017 Article IV Consultation highlights Hungary’s several consecutive years of high growth and debt reduction. The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies. However, despite robust private sector consumption, GDP growth temporarily slowed in 2016 to an estimated 2 percent, mainly because of a decline in investment. Output growth is projected to accelerate to about 2.9 percent in 2017. The recovery in EU funds disbursement and related investment, together with planned projects in the automotive industry, will be the main drivers of growth
Physical Description:60 pages
ISBN:9781484300459

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