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BUDGET DEFICIT CLOSE TO HUF 2,873 BN AT END-AUG

 

Hungary’s cash flow-based budget deficit, excluding local councils, reached 2,872.7 billion forints (EUR 7.2bn) at the end of August, the finance ministry said in a first reading of data on Thursday. The deficit widened from 2,636.5 billion at the end of July. The full-year cash flow-based budget deficit target is 3,152.7 billion forints.