# Hungary targets deficit below 5% of GDP in Magyar’s first budget plan

https://mins.news/en/item/106500

- Reuters, 2026-10-19 15:25 UTC
- Economy
- Original: https://www.reuters.com/business/hungary-cut-deficit-below-5-gdp-magyars-first-budget-plan-2026-10-19/?link_source=ta_bluesky_link&taid=6ad6365475a7df0001b125e0

> Hungary’s 2027 budget will aim for a deficit of 4.9% of GDP, Prime Minister Peter Magyar said on Monday while presenting the government’s draft plan. The proposal is seen as a key test of credibility for the country’s euro-adoption ambitions.

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