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Hungary Sees ‘Slow’ Decrease in Government Debt, Banai Says

Hungary will probably be “slow” in reducing its public debt in the coming years from above 80 percent of gross domestic product, said Peter Beno Banai, deputy state secretary at the Economy Ministry.

The government is expecting debt to fall by about 1 or 2 percentage points next year, Banai said in an interview with state-run M1 television today.

To contact the editor responsible for this story: Andras Gergely at agergely@bloomberg.net

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