Hungary posts 345.3bn forint March budget deficit

09 Apr, 2018

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

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