5th August 2026, Skopje - Since the beginning of 2026, budget revenues have been collected as per the projections, registering an increase compared to the previous year. On the expenditure side, obligations have been met as projected. As of 31st July 2026 inclusive, data on 2026 Budget execution show that total revenues amount to Denar 204,553 billion, accounting for 53.9% of the projections, being up by 9.3% year-on-year. Tax revenues, as genuine revenues, have been collected in the amount of Denar 117,963 billion, accounting for 55.33% of the projections, with a 10% rise compared to the same period last year.
Highest performance, with respect to tax revenues, has been recorded at CIT revenues at 62.8% of the projections, with Denar 16,687 billion being collected - 20.6% increase in relation to the same period in 2025. VAT revenues have reached Denar 53,026 billion or 56.78% of the projections, increasing by 13.4% year-on-year. PIT revenues have been collected in the amount of Denar 20,925 billion, accounting for 53.93% of the projections, with an 11.9% increase relative to the same period last year. Revenues on the basis of import duties have been collected in the amount of Denar 9,361 billion, accounting for 56.4% of the projections and increasing by 10.3%. VAT refund to companies has amounted to Denar 23,333 billion, being by 3.5% higher compared to the period January - July 2025. Data on collection of these genuine revenues show sustained trend of stability and growth in the economy, supported by industrial production data showing a 6.5% increase in June compared to the same month last year.
On the expenditure side, capital expenditures have been executed in the amount of Denar 21,288 billion, increasing by 39.6% in relation to their execution in the first seven months in 2025. In addition, Denar 717 million has been transferred to the Development Bank in support of projects of domestic companies.
Debt liabilities on the basis of prior borrowings on the foreign market have also been repaid, amounting to Denar 49,351 billion, with Denar 11,665 billion debt repayment towards domestic creditors. Furthermore, Denar 308 million has been paid on the basis of denationalization bonds.
