Hungary central bank hails pro-growth policies as IMF urges caution


The Central Bank of Hungary (CBH) on Friday released figures that it says show its Funding for Growth Scheme (FGS) supporting a significant increase in lending to small and medium-sized enterprises (SMEs), on the same day as the International Monetary Fund (IMF) released its annual report on the country's economy that was broadly supportive of the central bank's actions.

The CBH said the increase in lending to SMEs over the year to March 2014 was "to a great degree" due to the role played by the

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