The Széll Kálmán Plan published in Q1 2011 can be considered a success from every aspect. In the period after publication favourable trends began on both the sovereign bond and the currency markets: the amount of government bonds owned by foreigners increased to an unprecedented level which resulted in the decline of yields, too. The implementation of the Széll Kálmán Plan was also carried out optimally, as 458bn HUF of fiscal adjustments have materialized as a consequence of the measures proposed for 2012 and that corresponds to the 83.3 percent of anticipated savings.

You can find the analysis in the attached document on the right side of the page!

(Ministry for National Economy)