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March 18, 2013
January 18, 2012
June 8, 2011
January 31, 2011
March 24, 2010

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2 1.7
Consumer Prices 0.9 3.0
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Hungary: Financial Position in the Fund

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Hungary and the IMF
Updated April 11, 2014

The last Article IV Executive Board Consultation was on March 18, 2013. Listed below are items related to Hungary, in reverse chronological order (you can also view items by category).

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April 11, 2014 -- New IMFC Statement by Michael Spindelegger, Vice Chancellor and Minister of Finance, Austria
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 200Kb
March 20, 2014 -- Press Release: Statement at the Conclusion of the IMF’s 2014 Article IV Consultation Mission to Hungary
March 13, 2014 -- Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund
October 14, 2013 -- Trade Linkages, Balance Sheets, and Spillovers: The Germany-Central European Supply Chain
Author/Editor: Selim Elekdag | Dirk Muir
Series: Working Paper No. 13/210
October 12, 2013 -- IMFC Statement by Ewald Nowotny, Governor, Austrian National Bank
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 91Kb
October 04, 2013 -- The Composition of Fiscal Consolidation Matters: Policy Simulations for Hungary
Author/Editor: Alejandro D. Guerson
Series: Working Paper No. 13/207
August 20, 2013 -- German-Central European Supply Chain-Cluster Report: Staff Report, First Background Note, Second Background Note, Third Background Note
Series: Country Report No. 13/263
August 12, 2013 -- Press Release: Hungary Repays Early Its Outstanding Obligations to the IMF
July 25, 2013 -- Transcript of a Press Briefing by William Murray, Deputy Spokesman, Communications Department, International Monetary Fund
July 16, 2013 -- Case Studies of Fiscal Councils - Functions and Impact
Subject: Fiscal policy | Belgium | Canada | Hungary | Korea, Republic of | Netherlands | Sweden | United States | Public finance | Financial management | Fiscal analysis | Cross country analysis
April 20, 2013 -- IMFC Statement by Maria Fekter, Minister of Finance, Austria
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 113Kb
March 29, 2013 -- Hungary: IMF Executive Board Concludes 2013 Article IV Consultation and Third Post-Program Monitoring Discussions
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 29, 2013 -- Hungary: 2013 Article IV Consultation and Third Post Program Monitoring Discussions—Staff Report; Informational Annex; Public Information Notice; and Statement by the Executive Director
Series: Country Report No. 13/85
March 29, 2013 -- Hungary: Selected Issues Paper
Series: Country Report No. 13/86
March 29, 2013 -- IMF Survey : Lack of Growth Hampers Hungary’s Economy
Hungary managed to navigate a challenging financial year and maintained economic stability in 2012, but the economy slipped into its second recession in four years and GDP declined by 1.7 percent, the IMF said in its latest annual check-up of the country’s economic health.
January 31, 2013 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
January 28, 2013 -- Hungary–2013 Article IV Consultation and Third Post-Program Monitoring Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
November 29, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
November 01, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations, International Monetary Fund
October 13, 2012 -- IMFC Statement by Steven Vanackere Deputy Prime Minister and Minister of Finance, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 374Kb
October 04, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
September 13, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
August 31, 2012 -- How Emerging Europe Came Through the 2008/09 Crisis: An Account by the Staff of the IMF's European Department
Author/Editor: Bakker, Bas | Klingen, Christoph
July 26, 2012 -- Press Release: Statement by the IMF Mission to Hungary
July 26, 2012 -- Transcript of a Press Briefing by David Hawley, Deputy Director, External Relations Department, International Monetary Fund
July 12, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
June 14, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
May 03, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
April 21, 2012 -- IMFC Statement by Steven Vanackere, Deputy Prime Minister and Minister of Finance, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 336Kb
April 05, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
March 08, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
February 09, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
January 25, 2012 -- Public Information Notice: IMF Executive Board Concludes Article IV Consultation and Second Post-Program Monitoring Discussions with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 25, 2012 -- Hungary: Staff Report for the 2011 Article IV Consultation and Second Post-Program Monitoring Discussions
Series: Country Report No. 12/13
January 25, 2012 -- IMF Survey: Hungary Struggles as Growth Slows, Investors Retreat
Hungary’s government needs to improve its economic governance and fiscal policy mix as the euro zone crisis creates uncertainty for one of Europe's key emerging markets, the IMF says in its latest annual assessment of the country's economy.
January 12, 2012 -- Press Release: IMF Statement on Hungary
January 12, 2012 -- Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
December 08, 2011 -- Press Release: Statement on Hungary
December 01, 2011 -- Transcript of a Press Briefing by Gerry Rice, Acting Director, External Relations Department, International Monetary Fund
November 21, 2011 -- Press Release: IMF Statement on Hungary
November 17, 2011 -- Press Release: Statement by the IMF’s Resident Representative to Hungary
November 01, 2011 -- Monetary Policy and Risk-Premium Shocks in Hungary: Results from a Large Bayesian VAR
Author/Editor: Carare, Alina | Popescu, Adina
Series: Working Paper No. 11/259
September 24, 2011 -- IMFC Statement by Didier Reynders, Deputy Prime Minister and Minister of Finance, Ministere des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 199Kb
June 21, 2011 -- Hungary: Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement
Series: Country Report No. 11/145
June 15, 2011 -- Public Information Notice: IMF Executive Board Concludes First Post-Program Monitoring Discussions and the Ex-Post Evaluation of Exceptional Access under the 2008 Stand-By Arrangement with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 15, 2011 -- Transcript of a Conference Call with Mission Chief for Hungary Christoph Rosenberg on the First Post-Program Monitoring Discussion
June 15, 2011 -- Hungary: First Post-Program Monitoring Discussions
Series: Country Report No. 11/137
May 01, 2011 -- Development of Financial Markets in Central Europe: the Case of the CE4 Countries
Author/Editor: Adarov, Amat | Tchaidze, Robert
Series: Working Paper No. 11/101
April 16, 2011 -- IMFC Statement by Didier Reynders Deputy Prime Minister and Minister of Finance, Ministere des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 342Kb
April 15, 2011 -- IMF Survey: IMF Support Helping Restore Growth but Key Risks Ahead
A new study finds that countries which sought financial support from the IMF in late 2008, after the failure of Lehman Brothers, are experiencing a return to growth. IMF financing helped countries stabilize their economies when their access to financial markets was seriously curtailed.
April 11, 2011 -- Press Release: Hungary—Post-Program Monitoring Discussions
February 04, 2011 -- Transcript of a Conference Call on Hungary
February 03, 2011 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation and Proposal for Post-Program Monitoring with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 03, 2011 -- Hungary: Staff Report for the 2010 Article IV Consultation and Proposal for Post-Program Monitoring
Series: Country Report No. 11/35
October 25, 2010 -- Hungary--Concluding Statement of the 2010 Article IV Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
October 09, 2010 -- IMFC Statement by Didier Reynders Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 426Kb
August 27, 2010 -- Transcript of a press briefing with Gerry Rice, Deputy Director of the IMF’s External Relations Department
July 23, 2010 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations Department, IMF
July 22, 2010 -- Press Release: European Commission and IMF Meet with the Banking Community Active in Hungary
July 17, 2010 -- Press Release: Statement by the IMF Mission to Hungary
July 02, 2010 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations Department, IMF
June 09, 2010 -- Press Release: IMF Statement on Hungary
April 24, 2010 -- IMFC Statement by Mr. Guy Quaden, Governor of the National Bank of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 350Kb
March 26, 2010 -- Hungary: Fifth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criterion
Series: Country Report No. 10/80
March 24, 2010 -- Press Release:IMF Executive Board Completes Fifth Review Under Hungary’s Stand-By Arrangement
March 04, 2010 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, March 04, 2010
PDF File Size: 402Kb
February 15, 2010 -- Press Release: IMF Mission to Hungary Reaches Staff-Level Agreement on Fifth Review Under Stand-By Arrangement
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is how differently countries fared during the global crisis. These different points of departure will also make for a multi-speed recovery, Belka argues.
December 22, 2009 -- Hungary: Fourth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria
Series: Country Report No. 09/330
December 18, 2009 -- Press Release: IMF Executive Board Completes Fourth Review Under Hungary's Stand-By Arrangement
December 04, 2009 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, December 04, 2009
PDF File Size: 384Kb
December 04, 2009 -- IMF Survey: Reforms Should Follow Stabilization in EU's New Members
European Union countries in central and eastern Europe worst hit by the global financial crisis have successfully stabilized their economies and now should focus on reforms to put them back on the road to convergence with other EU members.
December 02, 2009 -- “The impact of the crisis on new EU member states” Role and Contribution of the Fund in the Crisis, Keynote remarks by Marek Belka,Director, European Department, Brussels, December 2, 2009
November 19, 2009 -- Press Release: European Commission and IMF Welcome Reaffirmed Commitments of the Largest Foreign Banks in Hungary
November 16, 2009 -- Press Release: IMF Mission to Hungary Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement
October 28, 2009 -- IMF Survey: Agreement with Banks Limits Crisis in Emerging Europe
In an interview, Erik Berglöf (European Bank for Reconstruction and Development) and Anne-Marie Gulde (IMF) discuss the impact of the European Bank Coordination Initiative, which has played a key role in helping emerging Europe avert systemic crisis.
October 19, 2009 -- Hungary: Third Review Under the Stand-By Arrangement, Requests for Extension of the Arrangement, Rephasing of Purchases, and Modification of Performance Criterion
Series: Country Report No. 09/304
October 04, 2009 -- Statement by Didier Reynders Deputy Prime Minister and Minister of Finance, Ministère des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 312Kb
September 25, 2009 -- Press Release: IMF Executive Board Completes Third Review Under Hungary's Stand-By Arrangement, Extends the Arrangement, and Approves €53.7 Million Disbursement
September 16, 2009 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, September 16, 2009
PDF File Size: 373Kb
September 07, 2009 -- IMF Mission to Hungary Reaches Staff-Level Agreement on Third Review and Extension of Stand-By Arrangement
August 03, 2009 -- IMF Survey: Hungary Succeeds in Early Return to Market Financing
Hungary's government raises €1 billion in July by selling bonds on international capital markets—a step that signals the return of investor confidence in the central European country, which has one of the economies hardest hit by the global financial crisis.
June 30, 2009 -- Hungary: Second Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of Performance Criteria - Staff Report; and Press Release on the Executive Board Discussion
Series: Country Report No. 09/197
June 23, 2009 -- Press Release: IMF Completes Second Review Under Stand-By Arrangement with Hungary and Approves €1.4 Billion Disbursement
May 20, 2009 -- European Banking Group Coordination Meeting for Hungary, Concluding Statement by Participating Parent Banks
Held in Brussels, Belgium
May 20, 2009 -- Press Release: Joint IMF, EC Press Release on the European Banking Group Coordination Meeting for Hungary
May 18, 2009 -- Press Release: IMF Mission to Hungary Reaches Staff-Level Agreement on Second Review of Stand-By Arrangement
April 25, 2009 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 331Kb
April 24, 2009 -- Transcript of a Press Conference on European Outlook by Marek Belka, Director of the IMF's European Department with Ajai Chopra, Deputy Director of the European Department, and Anne-Marie Gulde-Wold, Senior Advisor in the European Department
April 24, 2009 -- IMF Survey: Financial Sector Key to European Recovery: IMF
While there is room for cautious optimism that Europe’s economy will turn the corner in mid-2010, the financial sector holds the key to recovery and governments must act more forcefully to clean up banks, Marek Belka, head of the IMF’s European Department, says.
April 23, 2009 -- Transcript of a Press Briefing by International Monetary Fund Managing Director Dominique Strauss-Kahn with First Deputy Managing Director John Lipsky and External Relations Director Caroline Atkinson
March 30, 2009 -- Hungary: First Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria - Staff Report; Staff Statement; and Press Release on the Executive Board Discussion
Series: Country Report No. 09/105
March 26, 2009 -- Transcript of a Conference Call on the Completion of the First Review of Hungary’s Stand-By Arrangement
March 25, 2009 -- Press Release: IMF Completes First Review Under Stand-By Arrangement with Hungary and Approves €2.35 Billion Disbursement
February 16, 2009 -- Press Release: IMF Announces Staff-Level Agreement with Hungary on First Review of Stand-By Arrangement
January 29, 2009 -- 10 Years of the Euro: A Perspective from the IMF, by Sean Hagan at the European Central Bank in Frankfurt
January 23, 2009 -- Hungary - Stand-By Arrangement - Interim Review Under the Emergency Financing Mechanism
Series: Country Report No. 09/21
January 14, 2009 -- IMF Survey: IMF Helping Counter Crisis Fallout in Emerging Europe
The financial crisis has hit Europe hard. In an interview, IMF European Department head Marek Belka talks about Europe's prospects for recovery and the principles that guide the Fund as it seeks to help Europe's emerging economies counter the fallout of the crisis.
January 13, 2009 -- Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn at the Conclusion of his Visit to Hungary
January 13, 2009 -- "The Hungarians made their own contribution", Dominique Strauss-Kahn, Interview with Népszabadság
January 12, 2009 -- IMF Survey: Hungary: Markets Have Stabilized, but Long Road Ahead
Hungary's financial markets have stabilized since the IMF approved a $15.7 billion loan to back a program designed to ease financial market stress and support economic activity. But the road ahead is long, says James Morsink, the IMF's mission chief for Hungary.
January 09, 2009 -- Press Release: IMF Managing Director Dominique Strauss-Kahn to Visit Hungary
December 15, 2008 -- Press Release: Statement by an IMF Staff Mission to Hungary
November 21, 2008 -- Transcript of a Press Conference on the Executive Board Approval of a Stand-by Arrangement for Hungary, With Anne-Marie Gulde, Senior Advisor in the IMF's European Department and Mission Chief for Hungary, James Morsink, Division Chief in the European Department
November 17, 2008 -- Hungary: Request for Stand-By Arrangement-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
Series: Country Report No. 08/361
November 06, 2008 -- Press Release: IMF Executive Board Approves 12.3 Billion Euro Stand-By Arrangement for Hungary
November 06, 2008 -- IMF Survey: IMF Agrees $15.7 Billion Loan to Bolster Hungary's Finances
The IMF's Executive Board approves a $15.7 billion loan for Hungary as part of a program designed to ease financial market stress in the East European country while supporting longer-run economic goals of reforming government finances and the banking sector.
November 04, 2008 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, November 04, 2008
PDF File Size: 273Kb
October 30, 2008 -- Transcript of a Press Conference by IMF Chief Dominique Strauss-Kahn on the Launch of a New Lending Facility for Emerging Markets
October 28, 2008 -- Press Release: IMF Announces Staff-Level Agreement with Hungary on 12.5 Billion Euro Loan (US$15.7 billion); European Union, World Bank to Lend, Too
October 28, 2008 -- IMF Survey: IMF, EU, and World Bank Line Up $25 Billion for Hungary
The IMF, the European Union, and the World Bank announce a joint financing package for Hungary totaling $25 billion to bolster its economy, hit by recent financial market turbulence. The announcement followed earlier outline agreements on IMF financing for Iceland and Ukraine.
October 26, 2008 -- Press Release: IMF and Hungary Agree on Policies to be Supported by International Community
October 26, 2008 -- IMF Survey: IMF Set to Lend Ukraine $16.5 Billion, In Talks With Hungary
The IMF says it has reached a tentative agreement with Ukraine to lend the eastern European country $16.5 billion to help it combat a series of economic problems tied to the international financial turmoil and announced broad agreement with Hungary on a set of policies designed to bolster near-term stability.
October 22, 2008 -- IMF Survey: IMF in Talks on Loans to Countries Hit by Financial Crisis
The IMF, which has announced its readiness to lend billions of dollars to support nations hit by fallout from the global financial turmoil, is holding talks with several countries about possible new lending programs, as well as advising governments how to react to the economic downturn.
October 13, 2008 -- Press Release: Statement by IMF Managing Director Strauss-Kahn on Hungary
October 01, 2008 -- Inflation Targeting and Communication: It Pays Off to Read Inflation Reports
Author/Editor: Bulir, Ales | Smídková, Katerina | Kotlán, Viktor | Navrátil, David
Series: Working Paper No. 08/234
September 24, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 24, 2008 -- Hungary: 2008 Article IV Consultation - Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 08/313
September 24, 2008 -- Hungary: Selected Issues
Series: Country Report No. 08/314
June 09, 2008 -- Hungary: 2008 Article IV Consultation Discussions
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 12, 2008 -- IMFC Statement by the Honourable Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 171Kb
April 01, 2008 -- Current Account Developments in New Member States of the European Union: Equilibrium, Excess, and EU-Phoria
Author/Editor: Rahman, Jesmin
Series: Working Paper No. 08/92
October 24, 2007 -- Reclaiming Hungary's growth potential, an Op-Ed by Ashoka Mody, Assistant Director, European Department, IMF
October 20, 2007 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 175Kb
July 26, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 26, 2007 -- Hungary: 2007 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 07/250
July 26, 2007 -- Hungary: Selected Issues
Series: Country Report No. 07/251
June 05, 2007 -- Press Release: Statement by IMF First Deputy Managing Director John Lipsky at the Conclusion of his Visit to Hungary
June 04, 2007 -- Hungary's Economic Achievements and Prospects, Speech by John Lipsky, First Deputy Managing Director of the IMF, At Hungary's Social and Economic Council
May 07, 2007 -- Hungary: 2007 Article IV Consultation - Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 14, 2007 -- Opening Remarks by Michael Deppler, Director, European Department, International Monetary Fund, at a Press Briefing on Economic Outlook and Issues in Europe
January 12, 2007 -- Hungary: Report on Observance of Standards and Codes - Fiscal Transparency Module
Series: Country Report No. 07/11
November 22, 2006 -- Czech Republic, Republic of Estonia, Hungary, Republic of Latvia, Republic of Lithuania, Republic of Poland, Slovak Republic, and Republic of Slovenia - Export Structure and Credit Growth
Series: Country Report No. 06/414
October 25, 2006 -- Hungary: Selected Issues
Series: Country Report No. 06/367
October 25, 2006 -- Hungary: 2006 Article IV Consultation - Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 06/379
October 20, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 05, 2006 -- Transcript of a Press Briefing by Masood Ahmed, Director, External Relations Department, IMF
September 17, 2006 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 218Kb
June 06, 2006 -- Hungary -- 2006 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 22, 2006 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 732Kb
March 20, 2006 -- Striving For Success: Growth, Globalization and Economic Policy Reform, by Anne O. Krueger, First Deputy Managing Director, IMF
Address to the Institute for the Economy in Transition, Moscow, delivered on Ms Krueger's behalf by Mr Poul Thomsen, Senior Advisor, European Department
January 30, 2006 -- A Continuous Adventure: The Pursuit Of Stability And Growth In Modern Economies, Public Lecture by Anne O. Krueger, First Deputy Managing Director, IMF
Public lecture presented at Kozminski Business School, Warsaw, Poland
September 24, 2005 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 160Kb
September 21, 2005 -- Hungary -- 2005 Staff Visit, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
September 21, 2005 -- Hungary: Report on the Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 05/347
September 21, 2005 -- Hungary: Financial Sector Assessment Program - Detailed Assessment of Standards and Codes -- Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 05/348
June 29, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 29, 2005 -- Hungary: Financial System Stability Assessment Update, including a Report on the Observance of Standards and Codes on Insurance Regulation
Series: Country Report No. 05/212
June 29, 2005 -- Hungary: 2005 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 05/213
June 29, 2005 -- Hungary: Selected Issues
Series: Country Report No. 05/215
May 12, 2005 -- The Financial Stability Assessment Framework of the IMF: Experience in Europe, Keynote Address by Mr. Takatoshi Kato, Deputy Managing Director, IMF
April 16, 2005 -- IMFC Statement by Mr. Didier Reynders, Minister of Finance of Belgium
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 667Kb
April 01, 2005 -- Central Bank Losses and Experiences in Selected Countries
Author/Editor: Dalton, John W. | Dziobek, Claudia Helene
Series: Working Paper No. 05/72
March 11, 2005 -- Hungary -- 2005 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
October 06, 2004 -- Transcript of an IMF Book Forum, Rules-Based Fiscal Policy In Emerging Markets
October 02, 2004 -- IMFC Statement by Mr. Didier Reynders Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 548Kb
July 09, 2004 -- Hungary: Report on the Observance of Standards and Codes-Data Module- Substantive Update on Government Finance Statistics, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework
Series: Country Report No. 04/192
May 24, 2004 -- Public Information Notice: IMF Concludes 2004 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 24, 2004 -- Hungary: 2004 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 04/145
May 24, 2004 -- Hungary: Selected Issues
Series: Country Report No. 04/146
May 24, 2004 -- Hungary: Report on the Observance of Standards and Codes-Data Module--Update
Series: Country Report No. 04/147
May 24, 2004 -- Hungary: Report on the Observance of Standards and Codes-Fiscal Transparency Module--Update
Series: Country Report No. 04/148
May 04, 2004 -- Transcript of an IMF Economic Forum: Adopting the Euro in the New Member states: the next step in European integration
April 24, 2004 -- IMFC Statement by H.E. Didier Reynders, Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 431Kb
January 30, 2004 -- Hungary -- 2004 Article IV Consultation, Preliminary Conclusions
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
January 01, 2004 -- Exchange Rates in Central Europe: a Blessing or a Curse?
Author/Editor: Borghijs, Alain | Kuijs, Louis
Series: Working Paper No. 04/2
January 01, 2004 -- Foreign Exchange Market Volatility in EU Accession Countries in the Run-up to Euro Adoption: Weathering Uncharted Waters
Author/Editor: Kóbor, Ádám | Székely, István P.
Series: Working Paper No. 04/16
November 01, 2003 -- Early Birds, Late Risers, and Sleeping Beauties: Bank Credit Growth to the Private Sector in Central and Eastern Europe and in the Balkans
Author/Editor: Cottarelli, Carlo | Dell'Ariccia, Giovanni | Hollar, Ivanna Vladkova
Series: Working Paper No. 03/213
September 21, 2003 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, Given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
On behalf of the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey.
May 09, 2003 -- Public Information Notice: IMF Concludes 2003 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 09, 2003 -- Hungary: 2003 Article IV Consultation--Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 03/124
May 09, 2003 -- Hungary: Selected Issues
Series: Country Report No. 03/125
May 09, 2003 -- Hungary: Report on the Observance of Standards and Codes--Data and Fiscal Transparency Modules--Updates
Series: Country Report No. 03/126
April 12, 2003 -- IMFC Statement by Statement by Mr. Guy Quaden, Governor of the National Bank of Belgium, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
February 06, 2003 -- Hungary -- 2003 Article IV Consultation Discussions, Preliminary Conclusions of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
September 28, 2002 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, International Monetary and Financial Committee, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of the Constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
June 05, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Hungary
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 05, 2002 -- Hungary: Selected Issues and Statistical Appendix
Series: Country Report No. 02/109
June 05, 2002 -- Hungary: Report on the Observance of Standards and Codes--Data Module and Fiscal Transparency--Updates
Series: Country Report No. 02/110
June 05, 2002 -- Hungary: 2002 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 02/111
June 05, 2002 -- Hungary: Financial System Stability Assessment Follow-up, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, and Payment Systems
Series: Country Report No. 02/112
June 05, 2002 -- Hungary: Selected Issues and Statistical Appendix
Series: Country Report No. 02/109
June 05, 2002 -- Hungary: Report on the Observance of Standards and Codes--Data Module and Fiscal Transparency--Updates
Series: Country Report No. 02/110
June 05, 2002 -- Hungary: 2002 Article IV Consultation--Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 02/111
June 05, 2002 -- Hungary: Financial System Stability Assessment Follow-up, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, and Payment Systems
Series: Country Report No. 02/112
April 20, 2002 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, at the International Monetary and Financial Committee, Washington, D.C., April 20, 2002
The International Monetary and Financial Committee member for the Constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
November 29, 2001 -- News Brief: IMF, World Bank, ADB and UNDP Sponsor Regional Conference in Hanoi on National Poverty Reduction Strategies
November 17, 2001 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium, at the International Monetary and Financial Committee, Ottawa, Canada, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
October 25, 2001 -- The Road to EU Accession: A collection of papers covering The Czech Republic, Hungary, Poland, The Slovak Republic, Slovenia
Author/Editor: Watson, Maxwell | Feldman, Robert Alan
October 25, 2001 -- The Road to EU Accession: A collection of papers covering The Czech Republic, Hungary, Poland, The Slovak Republic, Slovenia
Author/Editor: Watson, Maxwell | Feldman, Robert Alan
September 01, 2001 -- A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe
Author/Editor: Klyuev, Vladimir
Series: Working Paper No. 01/140
September 01, 2001 -- Financial Sector Evolution in the Central European Economies:Challenges in Supporting Macroeconomic Stability and Sustainable Growth
Author/Editor: Iakova, Dora M. | Wagner, Nancy L.
Series: Working Paper No. 01/141
September 01, 2001 -- Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term
Author/Editor: Doyle, Peter | Kuijs, Louis | Jiang, G.
Series: Working Paper No. 01/146
September 01, 2001 -- A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe
Author/Editor: Klyuev, Vladimir
Series: Working Paper No. 01/140
September 01, 2001 -- Financial Sector Evolution in the Central European Economies:Challenges in Supporting Macroeconomic Stability and Sustainable Growth
Author/Editor: Iakova, Dora M. | Wagner, Nancy L.
Series: Working Paper No. 01/141
September 01, 2001 -- Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term
Author/Editor: Doyle, Peter | Kuijs, Louis | Jiang, G.
Series: Working Paper No. 01/146
May 18, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with Hungary
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
April 29, 2001 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
April 29, 2001 -- Joint IMFC and Development Committee Statement by H.E. Didier Reynders, Minister of Finance of Belgium
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
April 18, 2001 -- Report on the Observance of Standards and Codes (ROSC): Hungary -- Fiscal Transparency
This report provides an assessment of fiscal transparency practices in Hungary.
April 18, 2001 -- Report on the Observance of Standards and Codes (ROSC): Hungary -- Table of Contents
This report compares country practices in Hungary with internationally recognized standards and codes. The report covers disclosure practices and also discusses issues related to the quality of the information released.
January 06, 2001 -- Exchange Rate Regimes: Is the Bipolar View Correct? -- Address by Stanley Fischer
Prepared for delivery as the Distinguished Lecture on Economics in Government, jointly sponsored by the American Economic Association and the Society of Government Economists, at the meetings of the American Economic Association, New Orleans
November 03, 2000 -- Transition Economies: An IMF Perspective on Progress and Prospects -- An IMF Issues Brief
The race to transform centrally planned economies into market economies has led, ten years later, to one group of countries approaching the finish line, others languishing at various points along the track, and a few barely off the starting blocks.
September 22, 2000 -- Transcript of an IMF Press Conference: From Transition to EU Membership -- The Challenges in Developing Macroeconomic Frameworks
The countries that have succeeded rather well in the transition have not only had good macroeconomic policies, they have also given great attention to the structural reforms that underpin those macroeconomic policies-things like the hard budget constraint and the enterprise sector and cleaning up the banking system.
May 11, 2000 -- Hungary:Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/59
April 16, 2000 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium International Monetary and Financial Committee Washington, D.C., April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
April 01, 2000 -- Exchange Rate Regimes in Selected Advanced Transition Economies - Coping with Transition, Capital Inflows, and EU Accession
Author/Editor: Corker, Robert J. | Beaumont, Craig | van Elkan, Rachel | Iakova, Dora M.
Series: Policy Discussion Paper No. 00/3
March 17, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Hungary
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
April 08, 1999 -- Hungary - Selected Issues
Series: IMF Staff Country Report No. 99/27
March 04, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Hungary
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
February 12, 1998 -- Hungary: Economic Policies for Sustainable Growth
Author/Editor: Cottarelli, Carlo | Krueger, Thomas | Moghadam, Reza | Perone, Perry James | Ruggiero, Edgardo | van Elkan, Rachel
Series: Occasional Paper No. 159
November 11, 1997 -- Hungary--Selected Issues
Series: IMF Staff Country Report No. 97/103
November 11, 1997 -- Hungary--Statistical Appendix
Series: IMF Staff Country Report No. 97/104
July 21, 1997 -- IMF Survey:
Featured in this issue: Chinese stabilization efforts facilitate "soft landing"; ESAF-supported programs show progress in social spending and social indicators; EMU's implications for international capital markets; Camdessus on a "second generation" of reforms to boost growth and encourage income equity; and Hungary's reforms bring economic turnaround. PDF File Size: 343Kb
October 15, 1996 -- Hungary--Selected Issues
Series: IMF Staff Country Report No. 96/109
October 15, 1996 -- Hungary--Statistical Tables
Series: IMF Staff Country Report No. 96/110
August 01, 1996 -- Capital Flows in a Transitional Economy and the Sterilization Dilemma - The Hungarian Case
Author/Editor: Siklos, Pierre L.
Series: Working Paper No. 96/86
March 15, 1996 -- Press Release: IMF Approves Stand-By Credit for Hungary
January 02, 1996 -- Press Release: Hungary Accepts Article VIII Obligations
September 26, 1995 -- Road Maps of the Transition: The Baltics, the Czech Republic, Hungary, and Russia
Author/Editor: Banerjee, Biswajit | Koen, Vincent | Krueger, Thomas | Lutz, Mark Scott | Marrese, Michael | Saavalainen, Tapio
Series: Occasional Paper No. 127
June 06, 1995 -- News Brief: IMF, Hungary Continue Dialogue; Camdessus Welcomes Measures
June 01, 1995 -- Capital Flows in Central and Eastern Europe: Evidence and Policy Options
Author/Editor: Calvo, Guillermo | Sahay, Ratna | Végh Gramont, Carlos A.
Series: Working Paper No. 95/57
Notes: Prepared for a seminar on "Western Europe in Transition: The Impact of Opening Up of Eastern Europe and the Former Soviet Union," organized by the Bank of Italy, Austrian National Bank, and the IMF held in Trieste, October 10-11, 1994.
June 01, 1995 -- Capital Flows in Central and Eastern Europe: Evidence and Policy Options
Author/Editor: Calvo, Guillermo | Sahay, Ratna | Végh Gramont, Carlos A.
Series: Working Paper No. 95/57
Notes: Prepared for a seminar on "Western Europe in Transition: The Impact of Opening Up of Eastern Europe and the Former Soviet Union," organized by the Bank of Italy, Austrian National Bank, and the IMF held in Trieste, October 10-11, 1994.
May 10, 1995 -- Hungary - Recent Economic Developments and Background Issues
Series: IMF Staff Country Report No. 95/35
Notes: This report on recent economic developments and background issues in Hungary was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
October 01, 1994 -- Central Banking in Central and Eastern Europe - Lessons from the Interwar Years' Experience
Author/Editor: De Cecco, Marcello
Series: Working Paper No. 94/127
September 15, 1992 -- Financial Programming and Policy: The Case of Hungary
Author/Editor: Swiderski, Karen
July 01, 1992 -- The Dissolution of the Austro-Hungarian Empire: Lessons for Currency Reform
Author/Editor: Spencer, Michael G. | Garber, Peter M.
Series: Working Paper No. 92/66
Notes: Investigates currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918.
May 01, 1992 -- Stabilization and Reform in Eastern Europe - A Preliminary Evaluation
Author/Editor: Bruno, Michael
Series: Working Paper No. 92/30
Notes: Also published in Staff Papers, Vol. 39, No. 4, December 1992.
March 15, 1991 -- Economic Reform in Hungary Since 1968
Author/Editor: Boote, Anthony R. | Somogyi, János
Series: Occasional Paper No. 83
December 04, 1982 -- Hungary: An Economic Survey
Author/Editor: Bélanger, Gérard | de Fontenay, Patrick | Gürgen, Emine | Thakur, Subhash Madhav | Mountford, Alexander
Series: Occasional Paper No. 15
December 04, 1982 -- Hungary: An Economic Survey
Author/Editor: Bélanger, Gérard | de Fontenay, Patrick | Gürgen, Emine | Thakur, Subhash Madhav | Mountford, Alexander
Series: Occasional Paper No. 15

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