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

Author/Editor:

International Monetary Fund

Publication Date:

July 26, 2007

Electronic Access:

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Summary:

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.

Series:

Country Report No. 07/250

Subject:

English

Publication Date:

July 26, 2007

ISBN/ISSN:

9781451818079/1934-7685

Stock No:

1HUNEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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