Pandemic spending lifts public debt to 73.8 percent of GDP
Government spending on coronavirus measures, among other expenditures, lifted Hungary's public debt to 73.8 percent of GDP at the end of the third quarter, up from 70.3 percent at end-Q2, the National Bank of Hungary (NBH) said on Tuesday.
The public debt was 65.4 percent of GDP at the end of last year.
In Q3 the public debt amounted to 34,977 billion forints.
The debt must eventually fall to 50 percent under the constitution.
