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Hungary’s Parliament Approves 2024 Budget With 2.9 Deficit Target

Hungary’s parliament approved the 2024 budget on Friday, which sets out to cut the deficit to 2.9% of economic output, betting on an economic rebound.

Prime Minister Viktor Orban’s government is facing economic challenges as it battles Europe’s highest inflation rate at over 20% and is trying to revive an economy that is in a technical recession. 

Source : ZAWYA

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