Hungary

2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary

Hungary has succeeded in achieving several years of high economic growth as well as reduction of debt and other vulnerabilities. However, external and public debt remain high. Growth decelerated in 2016 partly due to slower absorption of EU funds and related investment. The output gap is closing, unemployment has declined to about 4½ percent––partly reflecting a still appreciable public employment scheme, and reflation is gaining traction.
Publication date: May 2017
ISBN: 9781484300459
$18.00
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