How did the Bokros package affect Hungary?
Led to financial stability
Improved education system
Lead to fiscal austerity
None of the above
Answer
The Bokros package was a set of economic reforms introduced in Hungary in 1995 by Finance Minister Lajos Bokros. The package was designed to reduce the country's budget deficit and stabilize its economy. The reforms included cuts in government spending, increases in taxes, and the privatization of state-owned enterprises.
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