Wed 24 April 2024
Warszawa (PL)
7/6°C
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Wed 24 April 2024
Praha (CZ)
4/3°C
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Wed 24 April 2024
Bratislava (SK)
3/6°C
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Wed 24 April 2024
Budapest (HU)
7/9°C
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July 12th, 2019
Lawmakers approved the 2020 budget on Friday with a vote of 127 for, 58 against and no abstentions. The budget targets revenue of 21,426.0 billion forints and expenditures of 21,793.0 billion forints, producing a deficit of 367.0 billion forints. The 2020 deficit target is less than half of the 998.4 billion forint target for 2019. Hungary's year-end public debt level, relative to GDP, is set to fall from 68.6 percent targeted for 2019 to 65.5 percent for 2020.
MTI
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