Hungary: Selected Issues

Publication Date:

July 26, 2007

Electronic Access:

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Summary:

This Selected Issues paper on Hungary reports that the public enterprises may pose significant fiscal risks on account of their quasi-fiscal activities and contingent liabilities. More than 85 percent of the economy is in private hands. According to the Privatization Act, assets may remain in long-term state ownership if they belong to a national public utility provider or are considered to be of strategic importance for the national economy or defense. Capital-intensive and labor-intensive enterprises remain as state property.

Series:

Country Report No. 2007/251

Subject:

English

Publication Date:

July 26, 2007

ISBN/ISSN:

9781451818086/1934-7685

Stock No:

1HUNEA2007003

Pages:

59

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