World

Hungary posts 345.3bn forint March budget deficit

Published April 9, 2018 Updated April 9, 2018 12:26pm

The gap was widened by the financing of European Union-sponsored projects as well as spending on urban development projects, the ministry said. It said one-off pre-election food vouchers provided to pensioners also lifted the deficit.

Revenues from value-added and personal income tax rose compared with the first quarter of 2017, it said.

 

Copyright Reuters, 2018