Hungary : 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

1HUNEA2007002 Image
Price:  $18.00

Release Date: © July, 2007
ISBN : 978-1-45181-807-9
Stock #: 1HUNEA2007002
English
Stock Status: On back-order

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Description

Hungary’s 2007 Article IV Consultation reports that with fiscal consolidation on track for 2007 and 2008, short-term risks have receded, especially owing to the favorable international financial environment. Ensuring that the current economic slowdown does not translate into a prolonged period of low growth is important both for raising standards of living and for containing vulnerabilities. Putting the debt on a sustainable downward trend will also require a substantial decrease in the size of government expenditure in relation to GDP.

Taxonomy

Balance of payments , Economic policy , Exchange rate policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports