NEW REFORMS
INFLATION IN HUNGARY (Rec. 11.30 a.m.) BUDAPEST, May. 2G Seven hundred Government decrees will have to be put into operation in order to start on August- 1 new reforms, including new money and stricter rationing in an effort to halt Hungary’s runaway inflation. Financial authorities stated that the new money will be based on crops, increased coal production and a reduction in the number of State employees. The value of the pengo has meanwhile dropped to 15,000,000,000 to the dollar.
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Ashburton Guardian, Volume 66, Issue 191, 27 May 1946, Page 3
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82NEW REFORMS Ashburton Guardian, Volume 66, Issue 191, 27 May 1946, Page 3
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