Hungary: Selected Issues

International Monetary Fund

No 2007/251, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Hungary reports that the public enterprises may pose significant fiscal risks on account of their quasi-fiscal activities and contingent liabilities. More than 85 percent of the economy is in private hands. According to the Privatization Act, assets may remain in long-term state ownership if they belong to a national public utility provider or are considered to be of strategic importance for the national economy or defense. Capital-intensive and labor-intensive enterprises remain as state property.

Keywords: ISCR; CR; Hungary; enterprise; consumption growth; budget institution; or-Sopron-Ebenfurt Co.; consumption volatility; balance-to-GDP ratio; Consumption; Budget planning and preparation; Income; Fiscal risks; Emerging and frontier financial markets; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 59
Date: 2007-07-26
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Citations: View citations in EconPapers (1)

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