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Dimitrieska-Kochoska: In 2026, we continue pursuing the strategy for stable growth, lower budget deficit and higher standard of living

Dimitrieska-Kochoska: In 2026, we continue pursuing the strategy for stable growth, lower budget deficit and higher standard of living

9th December 2026, Skopje - In 2026, we remain committed to the strategy for stable growth, efficient public spending and better standard of living for the citizens. The amended Draft Budget is designed to preserve macroeconomic stability and fiscal consolidation, foster economic growth and provide for servicing of all obligations, including the Eurobond repayment, Minister of Finance, Gordana Dimitrieska-Kochoska, said when elaborating on the amended 2026 Draft Budget at the Parliament’s plenary session. As she noted, 2026 Budget is designed as a consolidated and realistic tool for a prudent public finance management, with a sustainable budget deficit and public debt level.
She added that, in the year ahead, the focus will remain on reducing the budget deficit, stabilizing the public debt and strengthening the confidence among both domestic and foreign investors, with the key to achieving this being the efficient revenue collection, formalization of the informal economy and careful, controlled and prudent use of public funds.  

“The Budget has been prepared with a clear vision and a sound approach to public finances, designed to ensure that each denar of public funds is aimed at delivering maximum value for both the citizens and the economy. 2026 Budget is based on the results already achieved and the expectations that positive economic trends will continue.  With realistic projections, cost-effective planning and efficient allocation of funds, the Budget is structured to provide for a stable development, support the smooth functioning of the institutions and allow timely payment of all obligations. This Budget is more than just a set of figures and tables, it sends a clear economic message - one of stability, confidence and development. It is a clear reaffirmation of the prudent public finance management we have established and are fully committed to continue implementing”, Dimitrieska-Kochoska said, also noting the third-quarter economic performance, when 3.8% growth was recorded, one of the highest in recent years.

Under the 2026 Draft Budget, total revenues are projected in the amount of Denar 374.9 billion, with expenditures projected at Denar 414.2 billion, budget deficit of Denar 39.2 billion in absolute terms, accounting for 3.5% of the projected GDP. Capital investments are projected in the amount of Denar 40.1 billion, intended for intensified implementation of infrastructure, energy and capital projects that are crucial for improving the overall living conditions, enhancing the public infrastructure and boosting the economic development.
Under the Budget, public sector wages and pensions will be paid on time, alongside social transfers and subsidies, while also supporting the economic development and the innovative activities. Denar 52.6 billion is projected for wages, with Denar 271.9 billion for current transfers and subsidies, Denar 116.8 billion for pensions, Denar 12 billion for social protection, Denar 2.6 billion for active employment measures and policies and Denar 53.8 billion for healthcare.

As the Minister of Finance highlighted, 2026 Budget ensures liquidity of public finances and continuity in timely and full repayment of liabilities.

“2026 Budget demonstrates we can manage public finances wisely, with discipline and vision. It reflects a growing economy, a country that invests and a Government committed to delivering and a clear plan. With the 2026 Budget, we remain committed to the strategy for stable growth, efficient public spending and better standard of living for all citizens”, Minister of Finance, Gordana Dimitrieska-Kochoska, emphasized, elaborating the amended 2026 Draft Budget before the Parliament in the debate that began today and may last for five days at the most.

 

 

 

 

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