Hungary’s economics ministry is now projecting that the country’s national debt measured as a percentage of GDP will fall beneath 76.9 percent. That’s better than had been anticipated and it comes on the heels of a report from the national statistics office report filed with the European Commission. At the same time, the economics ministry confirmed that the goal for achieving a government debt of 2.9 percent of GDP. Hungary is now predicting that GDP growth this year could reach 3.1 percent, strengthening arguments that the country’s economic fundamentals are making it an ever-stronger candidate for investors.
