Opposition party's economic policy expert promises VAT reduction and reinstatement of flat tax
Spending cuts will also be made following the Fiscal Council's recommendation
Foreign currency claims hit nine-year high after borrowing from China
MNB carries out technical modifications
Gov't liquid reserves have ebbed by 1 trillion forints since Sept22
Stresses sound financial stability of the country
Central bank releases data
Amidst energy crisis
But why is it needed?
MNB buys 63 tons of gold
MSZKSZ will acquire the Algyő storage unit for HUF 20 bn.
The gold is already in the country.
J.P. Morgan looks at FX reserve changes.