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This Technical Assistance report examines Operational Aspects of Establishing an Asset Management Company. In November 2014, the Magyar Nemzeti Bank (MNB) established the Magyar Reorganizacios es Koveteleskezelo (MARK), an asset management company. This step was taken to help restore monetary...
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This 2019 Article IV Consultation discusses that in an increasingly uncertain global economic environment, Hungary's growth registered one of the highest rates in Europe in 2018. The economy now appears to be running above capacity and wages are growing rapidly amid historically low...
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This Selected Issues paper describes and discusses potential implications of recent changes in Hungary's public debt strategy. Special attention is paid to the motivation for, and recent experiences with, the 'Hungarian Government Security Plus Scheme' (MAP+) for physical persons, introduced in...
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This 2017 Article IV Consultation highlights Hungary's several consecutive years of high growth and debt reduction. The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies. However, despite robust private sector...
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