The IMF admits that Hungary is experiencing economic growth
Several years ago, the IMF, Brussels, and even Berlin all insisted that Viktor Orbán's economic policies would lead to collapse, in part because Orbán refuses to allow the IMF to participate in his country's affairs. Today, as Kresy.pl reports , even the IMF is forced to admit the exact opposite.
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After several years of criticism of the “unorthodox” economic policies of the government of Viktor Orban, the portal writes, the International Monetary Fund confirms in its reports that they have been effective.
The IMF in a report last week confirms that Hungary managed to bring the budget deficit below 3% of the volume. Public debt was reduced to 77% of the same GDP (in Germany it was 74%). Hungary receives foreign investment. Unemployment fell to 7%, which is one of the best indicators in all of Europe.
Ratings agency Standard & Poor's has raised its forecast for Hungarian economic growth from 2% to 2,5%, while Europe as a whole is experiencing a recession.
The IMF report said: “The Hungarian economy is growing steadily, supported by favorable macroeconomic policies and improving market sentiment.”
Let us note that from the very beginning of his reign, Viktor Orban limited the influence of the IMF on the country’s economy, pursuing a nationally independent policy. Viktor Orban is also known as a supporter of the lifting of anti-Russian sanctions; Hungarian politicians from different parties have repeatedly spoken out in favor of pacification in Ukraine and the formation of a federal state in this country.
The ultra-right Jobbik party, the main rival of Orban's Fidesz party, has a much more radical view of politics in Kyiv, directly calling the current authorities illegitimate and Bandera-like.
English version :: Read in English The IMF acknowledged that Hungary is experiencing economic growth.