TITLE

Bill To Help Reduce Deficit

PUB. DATE
July 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jul2007, Vol. 14 Issue 7, p4
SOURCE TYPE
Country Report
DOC. TYPE
Abstract
ABSTRACT
The article presents an economic outlook for Hungary in 2007. It states that the government is hoping to pass legislation that would enable it to sell its stake in several state-assets, such as the Postal Service Co. Among the privatisation plans of the government include the sale of a 25 percent stake in state motorway company AAK Zrt, which is expected to raise between U.S.$1.57 to 2.62 billion. It is inferred that proceeds from proposed privatisations may go some way to reduce budget deficit.
ACCESSION #
25440427

 

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