Hungary is to register a general government deficit of Ft 210 billion in January, the Finance Ministry projected yesterday
Published:
19 January 2005 y., Wednesday
Hungary is to register a general government deficit of Ft 210 billion in January, the Finance Ministry projected yesterday. The projection does not cover the position of local governments.
The central budget alone is expected to post a deficit of Ft 199.2 billion in January. One-off effects explain some Ft 120-130 billion of the January deficit. The ministry forecasts the Q1 general government deficit at Ft 369.9 billion, including a central budget deficit of Ft 325.3 billion. The general government expects to post 36% of the whole year's GFS deficit in the first quarter. The 2005 GFS general government deficit, excluding local governments, is targeted at Ft 1,022.5 billion or at 4.6% of GDP, Finance Ministry deputy state secretary István Várfalvi said.
Šaltinis:
bbj.hu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
When you fill up your car with petrol you often find that your hand will reek of petrol unless you have worn gloves.
more »
The EU is going through its worst recession since WWII. Inflation has slowed, but employment and public finances are hard hit. The situation should stabilise in 2010.
more »
In the current economic environment, banks should carefully analyze the current and future total cost of ownership of their technology assets, and evaluate the outsourcing alternative.
more »
Commission proposes first EU law on hedge funds and issues guidelines on bank pay practices.
more »
On 30 April, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas took part in the round table discussion “The European Union’s External Trade Policy and Lithuania’s Positions: Threats and Possibilities for the Lithuanian Industry”.
more »
Since 28 April this year, the clients of AB Bank SNORAS will be able to process their financial matters in a clearer and more user-friendly environment of “Internet Bank+” system.
more »
2009 ageing report: Europe tackling the challenge of an ageing population but the recession threatens a setback.
more »
More choice, investment and security of supply lie at the heart of the 3rd energy package.
more »
Swine flu, a new strain of influenza, has so far left more than a hundred dead. But in one sector, the illness could have huge benefits.
more »
Central European bargain hunters are crossing borders for the best buys. Slovakian shoppers in Hungary are making the most of their new eurozone membership.
more »