Macro Analysis /
Hungary

Hungary: Budget deficit expands by 43.5% y/y to HUF 1,043.6bn in Jan-Apr

    EmergingMarketWatch
    21 May 2021
    • Government spends HUF 398.8bn on epidemiological control so far this year
    • Main spending hike, however, is observed in spending on state property, intra-budget transfers
    • Tax revenues remain strong in April despite almost full economy closure in previous month