• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    Hungary

    By Brian Kenety // 20 November 2009

    Hungary has gained approval from the IMF and the EU for its current fiscal plans but may not need to call on further aid under its USD 25.1 billion rescue deal, officials said Nov. 16. "We think that currently the budget can be safely financed from the market and we want to compile our future financing plans in accordance with that," Finance Minister Peter Oszko told reporters. The IMF said, as part of its fourth review of Hungary's standby arrangement, that Hungary has achieved progress and is on the right fiscal track. "We have just assessed the progress versus our September review and all the targets were met," IMF Hungary Delegation Head James Morsink said at a joint press conference with the European Commission and Hungarian officials. The IMF-EU team said it backed the government's public deficit targets, penciled in at 3.9 percent of output in 2009 and 3.8 percent in 2010. (Reuters, Dow Jones)

    • Funding
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Brian Kenety

      Brian Kenety

    Search for articles

    Related Stories

    Development FinanceAfrican nations demand debt relief, increased aid and financial reform

    African nations demand debt relief, increased aid and financial reform

    German aidIs Germany the next leader in ODA, and how will it spend its money?

    Is Germany the next leader in ODA, and how will it spend its money?

    Development FinanceHow Africa’s schools and hospitals are paying the price of IMF austerity

    How Africa’s schools and hospitals are paying the price of IMF austerity

    Devex NewswireDevex Newswire: ‘Profound change’ afoot for European aid

    Devex Newswire: ‘Profound change’ afoot for European aid

    Most Read

    • 1
      Lasting nutrition and food security needs new funding — and new systems
    • 2
      The UN's changing of the guard
    • 3
      The power of diagnostics to improve mental health
    • 4
      The top local employers in Europe
    • 5
      FfD4 special edition: The key takeaways from four days in Sevilla
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement