Hungary; 2004 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

This 2004 Article IV Consultation states that Hungaryâ€™s entry into the European Union comes on the heels of impressive accomplishments. Its successes were based on the long-lasting effects of significant structural reforms and privatization during the 1990s, which also facilitated Hungaryâ€™s outward orientation, foreign direct investment inflows, strong export performance, flexible labor and product markets, and sound banking system. The success was also rooted in undertaking macroeconomic adjustment measures when needed, and in maintaining an adequate level of international competitiveness.

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Year of publication:	2004-05-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic conditions \| Staff Reports \| current account \| current account deficit \| fiscal adjustment \| external debt \| balance of payments \| fiscal policy \| fiscal deficit \| current account balance \| public sector debt \| tax administration \| government deficit \| central bank \| fiscal deficit target \| fiscal consolidation \| public debt \| government debt \| total external debt \| budget law \| foreign debt \| domestic currency \| debt dynamics \| debt ratio \| debt stock \| structural fiscal reforms \| primary deficit \| capital expenditures \| debt sustainability \| debt management \| public finance \| tax base \| fiscal reforms \| short-term debt \| current account deficits \| public finances \| structural adjustment \| fiscal measures \| budget execution data \| debt service \| tax revenues \| fiscal transparency \| account deficits \| structural fiscal \| tax system \| fiscal developments \| fiscal reporting \| fiscal targets \| budgetary process \| foreign currency debt \| fiscal discipline \| interest expenditure \| expansionary fiscal policy \| expenditure restraint \| fiscal tightening \| general resources account \| primary fiscal balance \| tax revenue \| fiscal strategy \| fiscal savings \| medium-term fiscal strategy \| expenditure reform \| external debt service \| currency debt \| tax reform \| expansionary fiscal \| tax cuts \| fiscal reporting system \| fiscal outcome \| tax collection \| fiscal balance \| external financing \| debt problems \| balance of payment \| long-term debt \| fiscal expenditures \| fiscal performance \| fiscal assumptions \| fiscal costs \| tax policy \| fiscal impulse

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 04/145 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005252901