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Hungary: Public Deficit Amounted to HUF 166.6bn in Q4/2012
Politics ♦
Published: April 3, 2013; 11:28 ♦ (Vindobona)
The deficit of the general government sector was HUF 566.7 billion in 2012, 2.0% of GDP according to data reported to the EU on 29 March 2013 under the Excessive Deficit Procedure (EDP).
Hungary: Public Deficit Amounted to HUF 166.6bn in Q4/2012 / Picture: © Vindobona.org
The revenues of the general government sector amounted to HUF 13 147.8 billion and expenditures to HUF 13 741.2 billion. The deficit in the 4th quarter of 2012 was HUF 166.6 billion, HUF 348.8 billion lower than in the 4th quarter of 2011. In 2012 the deficit of the general government sector according to the EDP notification was HUF 566.7 billion, 2.0% of GDP, based on the preliminary…
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