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First of all, I consider it my task to effectively represent national interests and to create a more realistic, profound and positive image of Hungary.
said Daniel Palotai, who will be a member of the group of Central and Eastern European countries (Turkey, Austria, Hungary, Czech Republic, Slovakia, Belarus, Slovenia and Kosovo) in the 24-member board, which he hopes will bring positive results for the region. accessible.
Since the board decides not only on the internal affairs of the IMF, but also on matters affecting all 190 member countries, the post of CEO can be seen not only as an economic-financial but also a diplomatic task, Index writes.
Today, Hungary’s relationship with the IMF is much better than ten years ago, as the IMF also saw that its previous program, which was based mainly on austerity, was not correct. In fact, programs based on austerity cannot be successful as they only exacerbate the crisis and thus worsen the budget balance.
Palotai said.
Cover Image: David Paul Morris / Bloomberg via Getty Images
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