In October, the state treasury deficit was 200 billion, according to Kármán, overall it is possible to stabilize the economy.
In October, Hungary's central budget deficit reached 200.6 billion HUF, with a total deficit of -5462.5 billion HUF for the first ten months. Finance Minister András Kármán noted that this year's deficit is 392 billion HUF better than last year's when adjusted for pre-financed EU funds. Without adjustments, the deficit was 138.4 billion HUF lower than the previous year. Kármán emphasized that the government's policies have improved the budget deficit and stabilized the economy, promising to continue this approach in the coming months. The 2027 budget anticipates a reduction in expenditures by 1465 billion HUF, targeting savings from previous government spending. September's deficit was 92.8 billion HUF, significantly lower than last year.
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