Hungary : Stand-By Arrangement: Interim Review Under the Emergency Financing Mechanism
This paper focuses on the Stand-By Arrangement for Hungary under the Emergency Financing Mechanism. Economic indicators confirm that the downturn envisaged in the program is already under way. The new bank support law is important, as it provides Hungarian banks with access to capital enhancement and borrowing guarantee facilities. The gradual reductions in the policy interest rate have been appropriate. Looking ahead, continued implementation of policies in line with the program is essential to maintain investor confidence and minimize the depth of the economic downturn
Year of publication: |
2009
|
---|---|
Institutions: | International Monetary Fund ; International Monetary Fund (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Ungarn | Hungary | IWF-Kredit | IMF lending |
Saved in:
freely available
Extent: | Online-Ressource (13 p) |
---|---|
Series: | IMF staff country report. - Washington, DC : IMF, ZDB-ID 2390613-3. - Vol. Country Report No. 09/21 |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-4518-1812-2 ; 978-1-4518-1812-3 |
Other identifiers: | 10.5089/9781451818123.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014407523
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