{
  "title": "Hungary: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary",
  "publication": "IMF Staff Country Reports, May 12, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/05/12/hungary-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44908",
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  "summary": "This 2017 Article IV Consultation highlights Hungary’s several consecutive years of high growth and debt reduction. The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies.",
  "publishDate": "2017-05-12",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary findings and recent performance",
      "content": "- Hungary experienced several consecutive years of high growth and debt reduction.\n- The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies.\n- Despite robust private sector consumption, GDP growth temporarily slowed in 2016 to an estimated 2 percent, mainly because of a decline in investment."
    },
    {
      "heading": "Growth drivers and near-term outlook",
      "content": "- Output growth is projected to accelerate to about 2.9 percent in 2017.\n- The recovery in EU funds disbursement and related investment, together with planned projects in the automotive industry, are identified as the main drivers of growth."
    },
    {
      "heading": "Subject coverage and thematic focus",
      "content": "- Topics addressed include: Banking, External debt, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Revenue administration.\n- Keywords appearing in the source: budget to parliament, CR, deficit, draft budget, EU fund, Global, Inflation, ISCR, Market-Based Lending Scheme, staff appraisal."
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      "content": "- Pages: 60\n- Volume: 2017\n- Issue: 123\n- Series: Country Report No. 2017/123\n- DOI: https://doi.org/10.5089/9781484300459.002\n- ISBN: 9781484300459\n- ISSN: 1934-7685\n\nInternational Monetary Fund. Hungary: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary (May 12, 2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/05/12/hungary-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44908"
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    "Published: May 12, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484300459.002",
    "Hungary experienced several consecutive years of high growth and debt reduction.",
    "The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies.",
    "Despite robust private sector consumption, GDP growth temporarily slowed in 2016 to an estimated 2 percent, mainly because of a decline in investment.",
    "Output growth is projected to accelerate to about 2.9 percent in 2017.",
    "The recovery in EU funds disbursement and related investment, together with planned projects in the automotive industry, are identified as the main drivers of growth.",
    "Topics addressed include: Banking, External debt, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Revenue administration.",
    "Keywords appearing in the source: budget to parliament, CR, deficit, draft budget, EU fund, Global, Inflation, ISCR, Market-Based Lending Scheme, staff appraisal.",
    "Pages: 60",
    "Volume: 2017",
    "Issue: 123",
    "Series: Country Report No. 2017/123",
    "DOI: https://doi.org/10.5089/9781484300459.002",
    "ISBN: 9781484300459",
    "ISSN: 1934-7685",
    "**Country Report**"
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