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BUDAPEST: Hungary posted a 209.3 billion forint ($731.05 million) budget deficit in March due to higher spending on infrastructure development projects and social support programmes, the Finance Ministry said in an emailed statement on Monday.

In the first quarter, the budget ran a shortfall of 141.9 billion forints, the ministry said. It said a full-year deficit target worth 1.8 percent of gross domestic product remained achievable.

Copyright Reuters, 2019

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