Publication: Magyar Közlöny
Issue: MK-2010-19 (Year: 2010, Number: 19)
Era: contemporary
Section: A Kormány 28/2010. (II. 16.) Korm. rendelete
Paragraph Index: 6

2. The Memorandum of Understanding („the Memorandum”) signed on 19 November 2008 laid down the economic policycriteria linkedto eachinstalmentand the reportingand monitoringconditionsof the loan.Their aim hasbeento help the country to continue and enhance the fiscal consolidation efforts, to make progress with fiscal governance, financial sector regulation and supervision reforms and other measures to support a prudent, stability-oriented, and sustainable economic policy. The first instalment of EUR 2 billion was disbursed on 9 December 2008 following the signing of the loan agreement on 19 November 2008 and the fulfilment of conditions related to the 2009 budget. Subsequent instalments were tentatively scheduled for the first, the second and the fourth quarter of 2009, respectively.

Source: https://magyarkozlony.hu/hivatalos-lapok/797efede7efdaeb5c0cbe3cfdcb0e66ea7acb28e/dokumentumok/fb170d51c43c4b8beb68faf2ce6d0ea6baa19848/letoltes