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DRASTIC NEW REFORMS

halting hungary's runaway inflation Received Monday, 11 a.m. 1 BUDAPEST, May 26. Seven hundred Government dei crees will have to be put into dpera;tion in order to start on August 1 ! With the new reforms, including' ! new monev and stricter rationing, in an effort to halt Hungary's runaway inflation. The financial authorities have stated that the new money wiii be , based on crops, increased coai production and ' a reducti'dn' in the • humber of State employees. . The ; value of the pengo meaiiWhile has j dropped to 15,000 miliioh to the ; dollar. ^

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19460527.2.25

Bibliographic details

Chronicle (Levin), 27 May 1946, Page 5

Word Count
93

DRASTIC NEW REFORMS Chronicle (Levin), 27 May 1946, Page 5

DRASTIC NEW REFORMS Chronicle (Levin), 27 May 1946, Page 5

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