Hungary's cash flow-based general government deficit reached HUF 3,849.8 billion at the end of April, 91.3% of the full-year target, a detailed report released by the Finance Ministry, and reviewed by MTI, on Friday shows.
The central budget deficit reached HUF 3,743.4 billion and the social security funds were HUF 150.3 billion in the red, but separate state funds had a surplus of HUF 43.9 billion.
The deficit for the month of April alone reached HUF 429.4 billion, that is, over EUR 1.2 billion.
The detailed data show expenditures reached HUF 18,098.2 billion, 41.3% of the full-year target, while revenue came to HUF 14,248.4 billion, 36.0% of the target for the year.
On the expenditure side, spending of budget institutions reached HUF 7,053.3 billion, 52.1% of the full-year target. Subsidies for utilities companies added up to HUF 525.3 billion, 55.4% of the target. Spending on state investments came to HUF 318.8 billion, 65.6% of the full-year target.
Interest expenditures reached HUF 1,155.2 billion, 34.9% of the full-year target.
Central budget debt climbed by HUF 2,801.5 billion in January-April, lifted by HUF 1,908.6 billion of net forint issues and HUF 1,868.1 billion of net FX issues. The stronger forint shaved HUF 981.7 billion off the debt.












