Hungary budget deficit at end-Q3 2.0 pc of GDP

The net financing requirement of the budget, which is a good approximation of the budget deficit, was 910 billion forints or 2.0 percent of GDP in the four quarters to the end of Q3, the National Bank of Hungary (NBH) said on Monday concerning preliminary data of Hungary's financial accounts. Hungary's state debt stood at 66.4 percent of GDP at the end of September, down from 66.5 percent at the end of June and from 70.2 percent a year earlier.