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RE: LeoThread 2025-03-26 01:15

in LeoFinance6 months ago

Part 5/10:

Looking ahead, forecasts are equally grim. The finance ministry's ambitious deficit target of 3.7% of GDP for 2025 already appears unfeasible, especially in light of the startling figure of a 1.7 trillion forint deficit reported in February alone, indicative of ongoing financial distress. Furthermore, decision-makers have prematurely adjusted their 2026 targets from 2.9% to 3.2% of GDP, largely driven by recent tax breaks intended to bolster support before elections.

The Rising Cost of Debt