With the budget rebalance of North Macedonia, planned revenues are reduced by 5.3 billion denars

The Assembly of North Macedonia today adopted the budget rebalance for 2026, with total revenues planned at the level of 374.2 billion denars, or about 5.3 billion denars less than the projections for this year.

At the same time, on the expenditure side, a downward correction was made, with total expenditures planned at the level of 420.5 billion denars, so the budget deficit remains at the planned level of 46.3 billion denars.

Explaining the budget rebalance proposal, Minister of Finance Gordana Dimitrieska-Kočoska emphasized that the Government’s priority is to maintain economic stability and respond to challenges arising from ongoing global geopolitical developments.

“Therefore, the amendments and supplements to the Budget aim to ensure budget stability until the end of the year and security for citizens and the economy,” said Dimitrieska-Kočoska.

She pointed out that the downward projection on the expenditure side is a result of reduced spending on goods and services and subsidies, in the direction of disciplined spending and providing additional funds for the most vulnerable categories of citizens and health services.

“The budget rebalance has provided an additional 3.7 billion denars for social transfers, of which 1.4 billion denars for social benefits, and an additional 887 million denars for healthcare protection,” said Gordana Dimitrieska-Kočoska, as reported by the press service of her ministry.

According to the middle exchange rate of the National Bank of North Macedonia (nbrm.mk), one Serbian dinar is worth 0.5230 Macedonian denars.