Executive Board
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Board Discussions
on Hungary:

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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

Transactions with the Fund


IMF Resident Representative
Office in Hungary


Regional Office for Central Europe and Baltics

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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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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

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