Hungary : First Post-Program Monitoring Discussions.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2011/137

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic indicators--Hungary.

Economic indicators.

Debts, Public--Hungary.

Debts, Public.

Debts, External--Hungary.

Debts, External.

Hungary--Economic conditions.

Hungary.

Hungary--Economic policy.

Physical Description:

1 online resource (50 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2011.

Language Note:

English

Summary:

The economic development of Hungary after the economic crisis is discussed. Hungary’s economic program supported by Stand-By Arrangement has been successful in strengthening the economy and stabilizing market conditions. Given Hungary’s high public debt and large financing needs, Executive Directors emphasized the need for full and timely implementation of consolidation measures. Directors also recognized the positive collaboration between the European Union and the IMF during the program period. Furthermore, the foreclosure moratorium continues to prevent banks from cleaning balance sheets.

Contents:

Cover; Executive Summary; Contents; I. Context; II. Setting; A. Recent Economic and Financial Developments; Figure; 1. Recent Economic Developments, 2005-11; Boxes; 1. Hungary's Crisis Vulnerabilities - Then and Now; B. Policy Responses; 2. Local Government Finances; 3. Measures in the Scheme to Support Mortgage Debtors and an Efficient Functioning of the Mortgage Market; III. Report on the Discussions; A. Macroeconomic Outlook and Risks; B. Policies; 4. Alternative Metrics of Reserve Coverage; IV. Staff Appraisal; Tables; 1. Main Economic Indicators, 2007-12; 2. Central Bank Survey, 2006-12

3. Monetary Survey, 2006-114. Balance of Payments (Euros), 2005-16; 5. Balance of Payments (Percent of GDP), 2005-16; 6. External Financing Needs, 2009-16; 7. Indicators of External Vulnerability, 2005-11; 8. Staff's Illustrative Medium-Term Scenarios, 2007-16; 9. Consolidated General Government, 2007-12; 10. Central Government Financing, 2010-16; 11. Financial Soundness Indicators for the Banking Sector, 2008-10; 12. Indicators Fund Credit, 2008-16; Appendices Tables; 1. Public Sector Debt Sustainability Framework, 2006-16; Appendices Figures; 1. Public Debt Sustainability: Bound Tests

2. External Debt Sustainability: Framework, 2006-162. External Debt Sustainability: Bound Tests; Contents; Appendix; I. Fund Relations; II. Statistical Issues

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed September 26, 2014).

ISBN:

9786613866660

9781462343553

1462343554

9781462306220

1462306225

9781283554213

1283554216

9781455276547

1455276545