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Budget deficit 39.1 pc / FY target at end-June, says ministry

July 8th, 2019

Hungary's cash-flow-based budget, excluding local councils, ran a 390 billion forint (EUR 1.2bn) deficit at the end of June, the finance ministry said in a preliminary release on Monday. The deficit hit 39.1 percent of the 998.4 billion forint full-year target. In June alone, the shortfall came to 213.6 billion forints.


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