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16.02.16, 16:54
Hungarian economy performing well, says IMF
Budapest, February 16 (MTI) - The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing needs remain high, IMF staff said in a report based on preliminary findings gathered as part of IMF's regular consultation with Hungarian authorities.

According to the IMF, solid growth and a sharp reduction in unemployment are largely due to supportive macroeconomic policies, a favourable external environment, and high utilisation of EU funds.
Output growth is projected to moderate slightly this year owing to the expected deceleration in the uptake of EU funds. Headline inflation is expected to remain low on account of low import prices and slowly reach the 3 percent target as food and energy prices recover and the labour market tightens, the report said.
The current account has been in record surplus while external debt
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