BUDAPEST May 15 Hungary's central bank adopted
a new statute on Thursday, reaffirming its commitment to support
government economic policy without jeopardising its primary
objective of reaching and maintaining price stability.
The bank is led by Governor Gyorgy Matolcsy, a strong ally
of Prime Minister Viktor Orban, who was reelected for another
four-year term in a landslide last month.
"Without prejudice to its primary objective, the central
bank supports the economic policy of the government using the
instruments at its disposal, geared towards full employment and
growth," it said in a statement.
"Cooperation between the government and the central bank
could be a key driver for launching economic growth."
The bank also said it would aim to prevent turning a loss so
that the state budget would not have to shore up its finances
using taxpayers' money.
(Reporting by Gergely Szakacs)