The previous Government submitted the Budget Bill for 2010 on the basis of entirely unsubstantiated data. Without the extraordinary measures of the Government headed by Prime Minister Viktor Orbán and the greater than anticipated economic growth central budget deficit would have exceeded 7 percent in 2010. Economic growth, which was almost 2 percent higher than in the submitted macro outlook, improved fiscal balance by almost 0.7 percent. The combined net effect of the two action plans reduced deficit by another 2 percent, whereas the measures of December improved the central budget position by almost 0.5 percent in 2010.

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(Ministry for National Economy)