Categorized | Business, Daily News

Hungary Feb budget deficit HUF 219.5bn

    The ministry had expected a deficit of 219.8 billion forints for
February.

    The central budget had a deficit of 250.5 billion forints, while
social security funds ended 13.7 billion forints in the black.
Separate state funds closed February with a surplus of 20.9 billion
forints.

    The two-month deficit was 182.1 billion forints which
corresponds to 0.7 percent of gross domestic products (GDP).

    In February 2007, Hungary had a budget deficit of 216.9 billion
forints.

    The government targets a budget shortfall of 4 percent of GDP in
2008.

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