Hungary : First Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria; Staff Report; Staff Statement; and Press Release on the Executive Board Discussion.

This paper discusses key findings of the First Review for Hungary under the Stand-By Arrangement. All end-December 2008 quantitative performance criteria and the continuous performance criterion on nonaccumulation of external arrears were met. The structural performance criterion on submission to pa...

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Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2009.
Серія:IMF Staff Country Reports; Country Report ; No. 2009/105
Онлайн доступ:Full text available on IMF
Опис
Резюме:This paper discusses key findings of the First Review for Hungary under the Stand-By Arrangement. All end-December 2008 quantitative performance criteria and the continuous performance criterion on nonaccumulation of external arrears were met. The structural performance criterion on submission to parliament of a draft support package for domestic banks by November 10, 2008, was observed. The end-December 2008 structural benchmarks of passage of the fiscal responsibility law and submission to parliament of amendments granting the Hungarian Financial Supervision Agency (HFSA) special remedial powers were also observed.
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Фізичний опис:1 online resource (59 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students