Ministry of Finance
News
The European Commission also recognises the results of the Hungarian economy
Ministry of Finance, February 27, 2020 11:30 AM
The 2020 country report on Hungary published today by the European Commission (EC) provides a balanced picture of the Hungarian economy’s results and acknowledges Hungary’s favourable macroeconomic processes.
Largest volume of property construction for ten years realised in 2019
Ministry of Finance, February 25, 2020 4:15 PM
“The government’s goal remains unchanged: to assist families in home creation and help young people acquire their own home, and the latest figures published today indicate that we are on the right track and it is worth continuing the subsidies”, Minister of Finance Mihály Varga declared in assessment of the latest figures published by the Central Statistical Office.
Pension bonds to be launched shortly
Ministry of Finance, February 24, 2020 3:20 PM
Pension bonds will be launched shortly, and the minimum tie-up period will be ten years, Finance Minister Mihály Varga said in an interview given to mfor.hu.
Hungary has one of the most competitive economies in Europe
Ministry of Finance, February 23, 2020 6:55 PM
“The period between 1 October and 31 December 2019 was a jubilee period from the perspective of economic growth, since it was exactly the tenth quarter in succession in which annual GDP growth exceeded 4 percent. The international assessment of Hungarian economic policy is increasingly favourable and the credit rating agencies, and most recently the Japan Credit Rating Agency and Standard and Poor’s, for instance, have acknowledged the performance of the Hungarian economy”, the Ministry of Finance’s Parliamentary State Secretary András Tállai said in a statement to Hungarian news agency MTI.
Japanese credit rating agency JCRA upgrades Hungary’s foreign currency and forint debt ratings
Ministry of Finance, February 21, 2020 3:00 PM
The Japan Credit Rating Agency (JCRA) has revised Hungary’s foreign currency and forint denominated debt ratings, citing the stable system of public finances, the significant reduction in the sovereign debt, and the government’s successful economic policy. Following the outlook upgrade announced by Standard and Poor’s last week, the move by the Japanese rating agency also indicates that the performance of the Hungarian economy is also being increasingly acknowledged abroad.
Franciscan leader thanked Hungary for its support with extension of museum in Holy Land
Ministry of Finance, February 18, 2020 12:23 PM
Francesco Patton, leader of the Franciscan Custody of the Holy Land thanked Prime Minister Viktor Orbán for the financial support provided by the Hungarian State with the extension of the Terra Sancta Museum in Jerusalem.
The Central and Eastern European region will remain the economic motor of the European Union
Ministry of Finance, February 18, 2020 12:03 PM
“Hungary’s economy is currently the most rapidly growing economy in the European Union, and as a part of the Central and Eastern European region is continuing to play an important role in boosting the economic growth of the continent”, Minister of Finance Mihály Varga said in evaluation of the most important findings relating to Hungary included the winter forecast presented at Tuesday’s meeting of European Union finance ministers (ECOFIN).
The results of the Hungarian economy so far project continued growth
Ministry of Finance, February 17, 2020 7:00 PM
“Fiscal discipline, falling government debt and a healthier debt structure have laid the foundations for further economic growth”, Minister of Finance Mihály Varga said in a video message on Monday.
Standard and Poor’s upgrades its outlook with relation the Hungarian economy
Ministry of Finance, February 15, 2020 1:21 PM
Standard and Poor’s upgrades its outlook with relation the Hungarian economy.
The Hungarian economy grew by almost 5 percent again in 2019
Ministry of Finance, February 14, 2020 10:44 AM
“The growth turnaround of recent years has given rise to a never before seen period of cohesion within the Hungarian economy, and never before has the economy grown at such a rate in three consecutive years as it did from 2017 to 2019”, Minister of Finance Mihály Varga said in evaluation of the latest data published today by the Central Statistical Office (KSH).