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When asked if the decline in debt by the end of the year was achievable with the current forint exchange rate of around 312 to the euro, the AKK said: "Yes, it is achievable."
Hungary's public debt stood at 74.1 percent in 2016 according to Hungary's convergence plan submitted to Brussels.
The AKK also said that it has raised forint-denominated debt issuance temporarily in order to cover the pre-financing of European Union-backed investment projects from the state budget.
"The arrival of EU funds later will reduce the financing need," the AKK added.