RADIO FREE EUROPE/RADIO LIBERTY, PRAGUE, CZECH REPUBLIC
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RFE/RL NEWSLINE Vol 2, No. 71, 14 April 1998


IMF PRAISES HUNGARIAN ECONOMY. An IMF report says that
Hungary can expect economic growth of 4.8 percent this year,
"Magyar Hirlap" reported on 14 April. The document praises
the government's economic austerity measures and efforts to
trim the budget deficit and reform the pension system. It
adds that continuation of present fiscal policies will mean
continued foreign investment. In other news, Industry and
Trade Minister Gyorgy Gilyan said Moscow plans to reduce its
debt to Budapest by $250 million this year. Russia owes
Hungary some $435 million and has until 2001 to pay off that
debt. PB

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