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Press release - Balance and debt of general government sector - first EDP notification of 2013

The general government sector had a deficit of HUF -567 billion in 2012, 2% of GDP according to the preliminary data of national accounts. The government data were calculated on the legal grounds of the Excessive Deficit Procedure (EDP) in the methodological framework of the European System of Accounts (ESA95) and were reported to Eurostat.

 

According to the figures of the National Bank of Hungary, general government debt amounted to HUF 22 381 billion, 79.2% of GDP at the end of 2012.