Hungary : Fifth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criterion.

This paper discusses key findings of the Fifth Review Under the Stand-By Arrangement for Hungary. All end-December 2009 quantitative performance criteria, the continuous performance criterion on nonaccumulation of external arrears, and the indicative target on central government debt were met. The s...

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Yhteisötekijä: International Monetary Fund
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2010.
Sarja:IMF Staff Country Reports; Country Report ; No. 2010/080
Linkit:Full text available on IMF
Kuvaus
Yhteenveto:This paper discusses key findings of the Fifth Review Under the Stand-By Arrangement for Hungary. All end-December 2009 quantitative performance criteria, the continuous performance criterion on nonaccumulation of external arrears, and the indicative target on central government debt were met. The structural benchmarks on government lending to banks, passage by parliament of amendments strengthening the remedial powers of the Hungarian Financial Supervisory Authority (HFSA), and submission of amendments strengthening the bank resolution framework were also met. Further strengthening of policies is required to ensure macroeconomic stability and growth over the medium term.
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Ulkoasu:1 online resource (67 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1934-7685
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students