Hungary: Selected Issues

July 26, 2007

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Format: Chicago

Hungary: Selected Issues, (USA: International Monetary Fund, 2007) accessed December 23, 2024

Summary

This Selected Issues paper on Hungary reports that the public enterprises may pose significant fiscal risks on account of their quasi-fiscal activities and contingent liabilities. More than 85 percent of the economy is in private hands. According to the Privatization Act, assets may remain in long-term state ownership if they belong to a national public utility provider or are considered to be of strategic importance for the national economy or defense. Capital-intensive and labor-intensive enterprises remain as state property.

Subject: Budget planning and preparation, Consumption, Emerging and frontier financial markets, Financial markets, Fiscal risks, Income, National accounts, Public financial management (PFM)

Keywords: Balance-to-GDP ratio, Budget institution, Budget planning and preparation, Consumption, Consumption growth, Consumption volatility, CR, Eastern Europe, Emerging and frontier financial markets, Enterprise, Europe, Fiscal risks, Hungary, Income, ISCR, Or-Sopron-Ebenfurt Co.

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/251
Stock No:

1HUNEA2007003
ISBN:

9781451818086
ISSN:

1934-7685

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