Economics

Hungary Sets Its Sights on Balanced Budget While Cutting Taxes

  • Government to reduce some corporate taxes to help boost GDP
  • Finance Ministry to move toward zero deficit, Varga says
Lock
This article is for subscribers only.

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.

Hungary plans to gradually eliminate its budget deficit in the coming years while also cutting some taxes to provide incentives for companies to grow, Finance Minister Mihaly Varga said.