Hungary creates $4 billion fund to restart economy, working with central bank


  • World
  • Saturday, 04 Apr 2020

BUDAPEST (Reuters) - The Hungarian premier's chief of staff said on Saturday the government had created a $4 billion (3 billion pounds) pool to help restart the economy amidst the coronavirus outbreak, using rerouted government ministry resources and the national employment fund.

The government is also working on the recovery effort with the central bank, which will make some announcements after a meeting of its Monetary Council next week, Gergely Gulyas told an online press briefing.

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