Hungary Targets 4.9% Budget Deficit in 2027 Draft Plan
Prime Minister Peter Magyar said the draft budget targets a deficit of 4.9% of GDP in 2027.
Hungary's budget will target a much lower deficit of 4.9% of gross domestic product in 2027, Prime Minister Peter Magyar said on Monday as he unveiled the government's draft plan, which is seen as a key credibility test for its euro-adoption ambitions.The deficit reduction would mark a sharp narrow…