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Submitted by JP on Mon, 02/20/2023 - 17:52
Mihály Varga: Hungary State Debt Ratio Falls

Hungary's state debt relative to GDP fell to 72.9% at the end of last year from 76.8%, Finance Minister Mihály Varga said in a post on Facebook on Monday.

     Mihály Varga (L) in Brussels. Photo by OLIVIER HOSLET/ PAP/EPA

Hungary’s constitution stipulates that year-end public debt relative to GDP must decline until the ratio reaches 50%.