(Reporting by Boldizsar Gyori and Krisztina Than)
BUDAPEST, May 11 (Reuters) - Hungary's government plans
to cut the 2024 budget deficit to 2.9% of GDP and will extend an
existing cap on mortgage rates for households and loan rates for
small businesses beyond June 30, the prime minister's chief of
staff said on Thursday.
Gergely Gulyas told a briefing that the government will be
able to review the cap on loan rates once inflation slows to
single digit and the central bank's base rate shrinks below 10%
from 13% now.
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