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
The future of Europe's troubled car market and 12 million jobs was under scrutiny Tuesday.
more »
Europe must take the lead in finding solutions to the global crisis at next week's G20 summit, British prime minister Gordon Brown told MEPs in a speech in Strasbourg on Tuesday that was warmly welcomed by leaders of the main political groups.
more »
The US and Europe are in the worst economic crisis since the 1930s. With unemployment rising dramatically and businesses failing, fear is spreading.
more »
Monday evening sees MEPs consider the emotive subject of food prices in Europe.
more »
Shares in Wincor Nixdorf AG have fallen 3.5 percent and the ATM company says it is preparing to cut production hours.
more »
Leaders agreed to use €5bn in unspent EU funds to upgrade energy and internet connections. And they raised the ceiling on EU aid to countries having difficulties.
more »
Charges on heavy-goods vehicles should be based in part on the air and noise pollution they produce, according to legislation approved by the European Parliament today.
more »
EU agriculture officials are about to get a reality check. Starting next year, their on-the-job training will include a stint on a working farm.
more »
Privatisation, balanced budgets, low public deficits, and free trade have long been the mantra for prudent economic management.
more »
Building roads and pipelines, ensuring food safety, improving education, fighting discrimination and boosting jobs are all funded from the EU budget.
more »