Today, the Parliament approved the 2026 Budget, which is planned as a consolidated and realistic instrument for responsible management of public finances, a sustainable level of budget deficit and public debt.
Total revenues in the 2026 Budget are planned at a level of 374.9 billion denars, expenditures are planned at a level of 414.2 billion denars, while the budget deficit is projected at an absolute value of 39.2 billion denars or at a level of 3.5% of planned GDP.
40.1 billion denars have been planned for capital investments, destined for the intensive implementation of infrastructure, energy and capital projects that are crucial for improving general living conditions, advancing public infrastructure and stimulating economic development.
This budget ensures regular payments of public sector salaries, pensions, social transfers and subsidies, support for the economy and innovative activities.
52.6 billion denars are projected for wage payments, 271.9 billion denars for current transfers and subsidies, 116.8 billion denars for pensions, 12 billion denars for social protection, 2.6 billion denars for active measures and employment policies, and 53.8 billion denars for health protection.
In the coming year, the budget deficit will continue to decrease, public debt will stabilize, and confidence among domestic and foreign investors will be strengthened. The measures envisaged to achieve this goal are efficient revenue collection, formalization of the informal economy, and thrifty, controlled, and economical use of public funds.
“The budget has been prepared with a clear vision and a responsible approach to public finances and with the aim of ensuring that every denar of public money is destined to where it will bring the greatest return for citizens and the economy. The budget for 2026 has been prepared based on the achieved economic results and expectations for the continuation of positive trends. We took into account reality in projections, economy and effectiveness in planning, in order to ensure sustainable development, regular functioning of institutions and timely payment of all obligations. This budget is not just a document with tables and numbers – it is an economic message of stability, trust and development. Clear proof of the responsible management of public finances that we have decided and will continue at full capacity”, said Minister of Finance Dimitrieska Koçoska, recalling the achievements in the economy in the third quarter, when a growth of 3.8% was recorded, which represents one of the highest levels in recent years.
The Minister of Finance, in her explanation of the amended Budget Proposal, emphasized that in 2026, this proposal ensures the liquidity of public finances and continuity in the overall and timely payment of obligations.