Hungary : Request for Stand-By Arrangement-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

November 17, 2008

Electronic Access:

Free Full Text (PDF file size is 819 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This staff report for the Request for Stand-By Arrangement of Hungary examines financing conditions and economic challenges. Hungary was among the first emerging market countries to suffer from the fallout of the current global financial crisis. Compared with other emerging markets, Hungary’s higher stock vulnerabilities imply that a large amount of debt needs to be serviced and rolled over. Added risks include the large share of foreign currency lending by both domestic banks and subsidiaries of foreign parents.

Series:

Country Report No. 08/361

Subject:

English

Publication Date:

November 17, 2008

ISBN/ISSN:

9781451818116/1934-7685

Stock No:

1HUNEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

79

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