November 14th, 2008

IMF accord still improperly shrouded in secrecy, Fidesz claims

There is a distinct discrepancy between what IMF chief Dominique Strauss-Kahn and Hungarian Prime Minister Ferenc Gyurcsany said about the 12.3 billion euro standby loan the IMF made available to Hungary, opposition Fidesz party spokesman Peter Szijjarto told MTI on Thursday after Strauss-Kahn confirmed that there was no separate contract between the IMF and Hungary.

Fidesz had been demanding that the contract be made public, while the prime minister denied that it existed.

Szijjarto noted that Gyurcsany had said a loan contract would be signed in early November and that the contract may take days or weeks to write, which Strauss-Kahn must have found “quite surprising,” said Szijjarto.

The Hungarian government has no idea about the process of putting the country in debt, he said, adding that the contradiction between the words of the IMF chief and the prime minister prove that the prime minister is unsuited to govern.

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