The proposed amendments and supplements to the 2026 Budget are on the agenda of the main parliamentary Committee on Finance and Budget as of Friday. Macedonian Minister of Finance Gordana Dimitrieska-Kochoska explained the proposed amendments to the Budget before the members of the Committee, and noted that the amendments and supplements confirm the commitment of the Ministry of Finance and the Government to economic stability, development and responsible management of public finances and at the same time represent a continuation of the direction that is already yielding results, namely the positive trends in the economy.
“The 2026 budget revision is not due to lack of revenue or impaired liquidity of the budget. It is a result of the need to align budget projections with the new economic conditions, secure additional funds for legal obligations which mean regular payment of wages in sectors where there’s an increase, more funds for additional support for agriculture, social care, and for municipalities, as well as additional funds for an acceleration of the investment cycle,” said Finance Minister Dimitrieska-Kochoska presenting the revision on the first day of the committee stage in Parliament.
The minister recalled that the amendments are being introduced during a period of global uncertainty and that external geopolitical developments have reflected economic trends and affected the execution of the 2026 Budget, and for that reason, the proposed amendments to the 2026 Budget make adjustments to macroeconomic assumptions and fiscal projections, primarily on the expenditure side of the Budget.
“The Budget Revision is not just a technical change in figures, behind it are policies that the Government directs towards supporting the economy and citizens. It is a response to the changed economic circumstances, an instrument through which the Government aligns public finances with the real needs of the economy, institutions, the economy and citizens. And especially in conditions when the world economy is facing increased uncertainty, our duty is to react in a timely manner, to recognize the risks, but at the same time to seize the opportunities that open up,” the minister stated, recalling the measures that were taken in order to protect the living standards of citizens and the liquidity of companies.
Dimitrieska-Kochoska says that the budget rebalance maintains the policy of timely payment of all legal obligations, disciplined management of public funds and priority financing of development policies.
With the proposed Budget Rebalance, total revenues are revised to a level of MKD 379.5 billion. On the revenue side, tax revenues remain almost at the initially planned level and are projected at MKD 213.2 billion. Non-tax revenues show a significant improvement and increase by MKD 2 billion, while donations increase by around MKD 2.7 billion. On the expenditure side, total expenditures are revised to MKD 425.8 billion, and additional funds are directed towards clearly defined priorities.
