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Thursday, January 24, 2008

Hungary Government Debt To GDP Ratio

According to the Government Debt Management Agency (ÁKK) yesterday Hungary's government debt rose HUF 880 billion or 6% year on year to HUF 15,585 bn in 2007, and Hungary's government debt as a proportion of GDP fell 1.3 percentage points to 60.6%.

As reported in this post, the budget deficit for 2007 was probably in the region of 5.7% of GDP.

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