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Budapest assembly adopts 2020 budget
February 26th, 2020
The Budapest Assembly on Wednesday adopted the municipality's 2020 budget. Revenue is set at just over 284 billion forints (EUR 839m) while spending is a little above 408 billion. The deficit of just below 125 billion forints will be financed through a mix of credit agreements, domestic bonds and revenue from bank deposits. The budget passed with 18 votes in favour, 14 against and 1 abstention.
MTI