The minister for national economy had proposed that a stability reserve of 250bn HUF be set up as part of the budget. This stability fund will protect Hungary from unforeseeable external economic developments without having to modify this year’s budget under any circumstances.

The government can only utilize the stability fund if the potential risks pose a real threat. If, however, this reserve is not used up, it will be returned to the budget at year end.

The fund with a size of about 1% of GDP will be set up from the 2011 budget instead of the current budgetary reserve or the resources put aside for the financing of public debt.