The IMF admits that Hungary is experiencing economic growth
Several years ago, the IMF, Brussels and even Berlin unanimously insisted that Viktor Orban’s economic policy would lead to collapse, including because Orban was refusing the IMF’s participation in the life of his country. Today, the portal reports Kresy.pl, even the IMF is forced to admit the exact opposite.
Subscribe to the news "PolitNavigator - Kyiv" in Facebook, Classmates or In contact with
After several years of criticism of the “unorthodox” economic policies of the government of Viktor Orban, the portal writes, the International Monetary Fund confirms in its reports that they have been effective.
The IMF in a report last week confirms that Hungary managed to bring the budget deficit below 3% of the volume. Public debt was reduced to 77% of the same GDP (in Germany it was 74%). Hungary receives foreign investment. Unemployment fell to 7%, which is one of the best indicators in all of Europe.
Standard & Poor's rating agency raised economic growth forecast Hungary is from 2 to 2,5%, while Europe as a whole is experiencing a decline.
The IMF report said: “The Hungarian economy is growing steadily, supported by favorable macroeconomic policies and improving market sentiment.”
Let us note that from the very beginning of his reign, Viktor Orban limited the influence of the IMF on the country’s economy, pursuing a nationally independent policy. Viktor Orban is also known as a supporter of the lifting of anti-Russian sanctions; Hungarian politicians from different parties have repeatedly spoken out in favor of pacification in Ukraine and the formation of a federal state in this country.
The ultra-right party Jobbik, the main competitor of Orban's Fidesz party, has much more radical views on politics in Kyiv, directly calling out the current authorities illegal and Bandera.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.