## Hungary: 2021 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, June 29, 2021_

## Source details

**Canonical URL:** [Hungary: 2021 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2021/06/22/hungary-2021-article-iv-consultation-press-release-and-staff-report-461121)

## Other formats

- [Markdown version](/en/publications/cr/issues/2021/06/22/hungary-2021-article-iv-consultation-press-release-and-staff-report-461121/index.md)
- [Structured JSON version](/en/publications/cr/issues/2021/06/22/hungary-2021-article-iv-consultation-press-release-and-staff-report-461121/index.json)
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## Bibliographic details
- Published: June 29, 2021
- Series: IMF Staff Country Reports
- Volume: 2021
- Issue: 135
- Pages: 54
- DOI: https://doi.org/10.5089/9781513584430.002
- Stock No: 1HUNEA2021001
- ISBN: 978151

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### Summary
- "Hungary’s economy entered the COVID-19 pandemic on a strong footing and the authorities responded swiftly and strongly to the crisis it triggered."
- "While the lockdowns weighed heavily on activity, the fast vaccination pace is allowing an early relaxation of containment measures, and the economy has started to rebound."

### Key findings and themes
- Macroeconomic context:
  - Pre-pandemic: strong economic footing.
  - Pandemic impact: lockdowns weighed heavily on activity.
  - Recovery driver: fast vaccination pace enabling early relaxation of containment measures and an initial rebound in the economy.
- Policy areas covered:
  - Climate finance
  - Environment
  - Fiscal policy
  - Fiscal stance
  - Inflation
  - International organization
  - Monetary policy
  - Prices
  - Public debt

### Keywords (as provided)
- Climate finance
- ECB framework
- expenditure Policy
- fiscal policy response
- Fiscal stance
- Global
- indicators of the Financial Access Survey
- Inflation
- inflation expectation
- Policy recommendation

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- **1hunea2021001**
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_Source: https://www.imf.org/en/publications/cr/issues/2021/06/22/hungary-2021-article-iv-consultation-press-release-and-staff-report-461121_