{
  "title": "Hungary: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, May 24, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416",
  "overlayPath": "/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/index.md",
  "summary": "This 2004 Article IV Consultation states that Hungary’s entry into the European Union comes on the heels of impressive accomplishments.",
  "sections": [
    {
      "heading": "Key findings and assessments",
      "content": "- Hungary’s entry into the European Union comes on the heels of impressive accomplishments.\n- Successes were based on the long-lasting effects of significant structural reforms and privatization during the 1990s.\n- Structural reforms and privatization facilitated:\n  - outward orientation,\n  - foreign direct investment inflows,\n  - strong export performance,\n  - flexible labor and product markets,\n  - a sound banking system.\n- Success was also rooted in:\n  - undertaking macroeconomic adjustment measures when needed,\n  - maintaining an adequate level of international competitiveness."
    },
    {
      "heading": "Policy themes and issues covered",
      "content": "- Balance of payments\n- Current account deficits\n- Exchange rates\n- External debt\n- Fiscal consolidation\n- Fiscal policy\n- Foreign exchange\n- Public debt"
    },
    {
      "heading": "Keywords (as provided)",
      "content": "- CR\n- Current account deficits\n- deficit\n- deficit target\n- Exchange rates\n- Fiscal consolidation\n- GDP\n- Global\n- government\n- ISCR\n- policy credibility\n- rationalizing government employment\n- wage growth\n- year-on-year headline CPI inflation\n\n---\n\n Content in this bundle\n\n- Cr04145\n  - Cr04145 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr04145 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/bundle-manifest.json)",
    "Published: May 24, 2004",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451817881.002",
    "Hungary’s entry into the European Union comes on the heels of impressive accomplishments.",
    "Successes were based on the long-lasting effects of significant structural reforms and privatization during the 1990s.",
    "Structural reforms and privatization facilitated:",
    "Success was also rooted in:",
    "CR",
    "deficit",
    "deficit target",
    "GDP",
    "Global",
    "government",
    "ISCR",
    "policy credibility",
    "rationalizing government employment",
    "wage growth",
    "year-on-year headline CPI inflation",
    "**Cr04145**"
  ],
  "related": [
    {
      "title": "Cr04145",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2004/_cr04145.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2004/_cr04145.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2004/_cr04145.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/index.md",
    "json": "/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2004-article-iv-consultation-17416/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-13T15:35:10.714Z"
}