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.
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Prime Minister Peter Magyar said the draft budget targets a deficit of 4.9% of GDP in 2027.
Prime Minister Peter Magyar said the 2027 budget will target a deficit of 4.9% of GDP, down from an expected 7.5% this year. The budget aims to bring the deficit below the EU's 3% ceiling.