RFE/RL NEWSLINE Vol 2, No. 32, 17 February 1998
HUNGARY PAYS OFF REMAINING IMF DEBT. Prime Minister Gyula Horn told the
parliament that on 17 February, Hungary is to pay off its last remaining
debt to the IMF, Hungarian media reported. This means Hungary will be free
of IMF debts for the first time since the country joined the organization
in 1982, he noted. Meanwhile, Mark Allen, the IMF's chief representative in
Hungary, praised Budapest's economic policies in recent years, saying the
country has met its targets with greater success than expected. MSZ
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