Economy of Hungary public sector spending falling from 62% of GDP to below 50%—the current account deficit was reduced to 2% of GDP, and government debt was paid down to 94% of annual export earnings. The Government of Hungary no longer requires IMF financial assistance and has repaid all of its debt to the fund. Consequently, Hungary enjoys favorable borrowing terms. Hungary's sovereign foreign currency debt issuance carries investment-grade ratings from all major credit-rating agencies, although recently the country was downgraded by Moody's, S&P and remains on negative outlook at Fitch. In 1995 Hungary's currency, the Forint (HUF), became convertible for all current
Mina (unit) Mina (unit) The mina (also mĕnē, Aramaic; ) is an ancient Near Eastern unit of weight, which was divided into 50 shekels. The mina, like the shekel, was also a unit of currency. In ancient Greece, it originally equalled 70 drachmae and later was increased to 100 drachmae. The Greek word "mna" () was borrowed from Semitic; compare Hebrew "māneh", Aramaic "mĕnē", Syriac "manyā", Ugaritic "mn", and Akkadian "manū". However, before it was used as currency, a mina was a unit of measurement, equal to . From earliest Sumerian times, a mina was a unit of weight. At first, talents