viktor orbán was newly elected prime minister of hungry.
viktor orbán was newly elected prime minister of hungry.
who is newly elected prime minister of hungry?
viktor orbán
with their accession to the eu in 2004, hungary began planning to adopt the euro in place of the forint. however, the country's high deficit delayed this. after the 2006 election, prime minister ferenc gyurcsány introduced austerity measures, reducing the deficit to less than 5% in 2007 from 9.2%. in february 2011, newly elected prime minister viktor orbán, of the soft eurosceptic fidesz party, made clear that he did not expect the euro to be adopted in hungary before 1 january 2020. orbán said the country was not yet ready to adopt the currency and they will not discuss the possibility until the public debt reaches a 50% threshold. the public debt-to-gdp ratio was 81.0% when orban's 50% target was set in 2011, and it is currently forecast to decline to 73.5% in 2016. in april 2013, viktor orbán further added that hungarian purchasing power parity weighted gdp per capita must also reach 90% of the eurozone average. shortly after viktor orbán had been re-elected as prime minister for another four-year term in april 2014, the hungarian central bank announced they plan to distribute a new series of forint bank notes in 2018. in june 2015, orbán himself declared that his government would no longer entertain the idea of replacing the forint with the euro in 2020, as was previously suggested, and instead expected the forint to remain "stable and strong for the next several decades".
enlargement of the eurozone
the office of the deputy prime minister of pakistan () was created by the prime minister of pakistan on 25 june 2012. the main coalition party, pakistan muslim league (q) (pml-q), demanded to make a post of deputy prime minister which was accomplished by the newly elected prime minister raja pervez ashraf. the main purpose of the post was to give a backup to the government in the absence of the prime minister. as a result of an agreement between the ruling pakistan peoples party (ppp) and the pml-q to share ministries in the federal cabinet, chaudhry pervaiz elahi was made the first deputy prime minister of pakistan.
deputy prime minister of pakistan