The government began the process of transitioning to a market economy, overseeing the withdrawal of Soviet troops, and consolidating Hungary's new multi-party order.

The government underwent a minor crisis when the FKGP split into two groups on 24 February 1992.

The former officially established the United Smallholders' Party in November 1993.

Party breakdown of cabinet ministers in the beginning of term: Party breakdown of cabinet ministers in the end of term: József Bölöny: Magyarország kormányai 1848–2004 (Governments of Hungary from 1848 to 2004) Az 1987–2004 közötti időszakot feldolgozta és sajtó alá rendezte Hubai László.

(the period between 1987 and 2004 was written by László Hubai) Budapest, Akadémiai Kiadó.