The 2027 budget has been submitted

The Hungarian government submitted the 2027 budget proposal just before the October deadline, projecting revenues of 42,484 billion HUF and expenditures of 47,587 billion HUF, resulting in a deficit of 5,102.7 billion HUF, or 4.9% of GDP. The government aims for a GDP growth of 2.4% and inflation of 3% by 2027, with an expected average net salary increase of 7.5%. The public debt is projected to decrease slightly to 77.2% of GDP by the end of 2027, down from 77.5% at the end of 2026. The budget assumes an average euro exchange rate of 364.3 HUF and a dollar rate of 314.2 HUF for 2027.