Macro Analysis /
Hungary

Hungary: Budget deficit target to be raised to 7.5% of GDP in 2021 – Varga

    EmergingMarketWatch
    31 March 2021
    • Government to submit draft 2022 budget to parliament on May 4
    • Varga avoids disclosing 2022 deficit target, we think he signals no significant change in consolidation path
    • Government expects GDP growth of 4.3% in 2021, more than 5% in 2022