BUDAPEST, Dec. 15 (Xinhua) -- Hungarian Parliament adopted the budget for
2009 on Monday in a vote of 209 in favor and 171 opposed.
Hungarian News Agency MTI reported that the Hungarian government expected
the public finance deficit to amount to 2.6 percent of GDP in 2009, which means
Hungary will meet the Maastricht criteria for euro zone entry.
The main figures of the 2009 central budget include revenues of 8,300.2
billion forints (42 billion U.S. dollars), expenditures of 8,961 billion forints
(45.4 billion dollars) and a deficit of 660.8 billion forints (3.3 billion
dollars).
Finance Minister Janos Veres said that in the wake of the financial crisis
the government had redesigned Hungary's macro-economic course for the next year.
The government projects the economy to contract by 1 percent, real wages to
fall by 2.7 percent, investments to decrease by 0.9 percent and household
consumption to drop by 3.1 percent, Veres said.
The government projects inflation to drop to 4.5 percent in 2009 from 6.4
percent in 2008.
Hungary's economy grew 1.3 percent last year, but it grew only 0.7 percent
in the third quarter this year.
Also on Monday, the Hungarian parliament approved a political statement
that condemns radicalism, xenophobia and violence, and expresses concern over
some Slovak politicians' speech of hatred directed against minorities.
Four out of the five parliamentary parties supported the document, which
was adopted by 343 supporting votes, one opposed and 27 abstentions, according
to a report by MTI.