01770cas a2200241 a 4500 AALejournalIMF017646 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484300459 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Hungary : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (60 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2017 Article IV Consultation highlights Hungary's several consecutive years of high growth and debt reduction. The pickup in growth was supported by high use of EU funds, a favorable external environment, and accommodative monetary and fiscal policies. However, despite robust private sector consumption, GDP growth temporarily slowed in 2016 to an estimated 2 percent, mainly because of a decline in investment. Output growth is projected to accelerate to about 2.9 percent in 2017. The recovery in EU funds disbursement and related investment, together with planned projects in the automotive industry, will be the main drivers of growth. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/123 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/123/002.2017.issue-123-en.xml IMF e-Library