This web page archives information about the work of the former IMF Resident Representative Office in Hungary. Additional information can be found on the Hungary and IMF country page, including IMF reports and Executive Board documents that deal with Hungary.
At a Glance: Hungary's Relations with the IMF
- Current IMF membership: 190 countries
- Hungary joined the Fund on May 6, 1982; Article VIII
- Quota: SDR 1,038.4 million
- Outstanding loans: None
- The latest Article IV consultation was concluded by the Executive Board on April 3, 2015. (Country Report No. 15/92)
News and Highlights
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Iryna Ivaschenko, Resident Representative of IMF, guest for the Alumni Eve
IBS International Business School, February 21, 2013
February 21, 2013
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PRESS NOTE—Statement by Ms. Iryna Ivaschenko
Budapest, December 11, 2012
December 11, 2012
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Statement by Iryna Ivaschenko on the upcoming joint IMF/EU mission to Budapest
Budapest, July 6, 2012
July 6, 2012
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IMF Programs in Emerging Europe; View on Hungary
By Iryna Ivaschenko, IMF Resident Representative in Hungary; Presentation at the Concorde Investor Conference in Budapest;
October 14, 2011
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Global Outlook. View on Hungary
By Iryna Ivaschenko, IMF Resident Representative in Hungary; Presentation at the Széll Kálmán Foundation in Budapest
October 14, 2011
Hungary and the IMF
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How Emerging European Economies Found a New Monetary Policy Tool
September 29, 2021
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IMF Executive Board Concludes 2021 Article IV Consultation with Hungary
June 29, 2021
On June 18, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Hungary and endorsed the staff appraisal without a meeting. [1] The economy has been hit hard by the pandemic. GDP declined by 5 percent in 2020. Average inflation was 3.3 percent but, with continued strong wage growth, core inflation was 4.1 percent (old definition), just above the central bank (MNB)’s tolerance band. Partly owing to support measures, the unemployment rate rose only modestly to 4.1 percent, remaining the lowest in the region.
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Hungary: 2021 Article IV Consultation-Press Release; and Staff Report
June 29, 2021
Series:Country Report No. 2021/135
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June 29, 2021
Series:Country Report No. 2021/136
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Hungary - Staff Concluding Statement of the 2021 Article IV Mission
May 3, 2021