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
HP (NYSE:HPQ) today announced financial results for its first fiscal quarter ended Jan. 31, 2009, with net revenue of $28.8 billion, up 1% from a year earlier and up 4% when adjusted for the effects of currency.
more »
Saddled with an ongoing housing crisis, rising unemployment and an arguably flawed system of balancing the budget, California's "Golden dream" has turned a dismal shade of gray.
more »
ATM software provider Level Four Americas LLC found in a recent survey that 67 percent of U.S. adults who use financial institution with ATMs would be likely to switch FIs after an instance of ATM fraud or a data breach.
more »
As designers put the finishing touches to their collections ahead of this year New York fashion week, the recession is on everyone's minds.
more »
On February 17 - March 13 this year, AB Bank SNORAS distributes one-year bonds with the fixed 11 per cent annual return, which can be regained after keeping the bonds for at least 28 days.
more »
Europe's controversial fishing policy was under scrutiny Tuesday at a public hearing in Parliament about its future shape.
more »
The European Commission has approved, under EC Treaty state aid rules, a Swedish aid scheme intended to bolster the financing of the real economy by providing capital to banks.
more »
During the draw another five winners of the Danske Bankas monthly Scholarship award were announced.
more »
In the special action of Bank SNORAS the participating depositors were presented 12 monetary prizes whose value reaches from 1 up to 50 thousand Litas.
more »
Solid performance despite rapid economic slowdown.
more »