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BUDGET SHORTFALL JUST 3.9% OF FY TARGET AT END-APRIL

 

Hungary’s budget, excluding local councils, ran a 39 billion forint deficit (EUR 12m) at the end of April, or 3.9% of the 998.4 billion full-year target, the Finance Ministry confirmed in a detailed reading of data. The central budget was 80.7 billion forints in the red at the end of April, while the separate state funds and the social insurance funds had surpluses of 33.1 billion and 8.6 billion, respectively.