10th December 2025, Skopje - Today, the Parliament adopted the 2026 Budget, which is designed as a consolidated and realistic tool for a prudent public finance management, with a sustainable budget deficit and public debt level.
Under the 2026 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.
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. Measures envisaged to achieve this are 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.
While presenting the amended 2026 Draft Budget, the Minister of Finance stated that it ensures liquidity of public finances and continued timely and full repayment of liabilities.
