Hungary : Staff Report for the 2011 Article IV Consultation and Second Post-Program Monitoring Discussions

Publication Date: January 25, 2012
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Summary: This 2011 Article IV Consultation highlights that economic growth in Hungary is slowing and market perception of recent policy measures has been negative. The eurozone crisis is weighing on Hungary’s external demand. Fiscal and monetary policies are facing constraints, given financial market pressures and inflationary pressures. Executive Directors have noted that the rebound from the crisis has been modest and vulnerabilities remain high. Directors have therefore underscored the need for a well-crafted policy mix that restores confidence in economic governance, anchors the ongoing adjustment, and strengthens economic institutions.
Series: Country Report No. 12/13
Subject(s): Article IV consultation reports | Banking sector | Central bank legislation | Debt sustainability | Economic indicators | External debt | Post-program monitoring | Public debt | Staff Reports

Publication Date: January 25, 2012
ISBN/ISSN: 9781463934477/1934-7685 Format: Paper
Stock No: 1HUNEA2012001 Pages: 67
US$18.00 (Academic Rate:
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