BUDAPEST: Hungary posted a 244.5 billion forint ($867.82 million) budget surplus in January as tax revenues increased sharply and the country recorded a significant transfer of EU funds as well, the Finance Ministry said in an emailed statement on Friday.
The figure was the largest surplus for January in the past two decades, Finance Minister Mihaly Varga said in the statement.
Higher wages led to higher consumption, higher personal and value-added tax revenues and social security contributions as well, he added.
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