During the January-June period, a total of 170 billion denars (169.9 billion denars) was collected in the Budget, representing an 8.6% increase compared with the same period last year and more than 45% fulfillment of the plan.
In Parliament, during the committee debate on the 2026 Budget rebalance, Finance Minister Gordana Dimitrieska-Kochoska said in her presentation that public finances remain stable, revenues are moving in line with expectations, and spending is focused on implementing legal obligations and priority development policies.
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According to her, the vast majority of revenue is secured through regular economic activity. Tax revenues reached 96.7 billion denars, of which 43.3 billion denars came from VAT, accounting for around 44.7% of total tax revenues. A total of 17.5 billion denars was collected from personal income tax, 13.8 billion denars from profit tax, and 13.9 billion denars from excise duties.
The data show that revenues from personal income tax increased by 11.7%, those from profit tax by 14.5%, VAT by 16.4%, while import customs duties rose by 8.3%.
The minister stressed that these developments indicate the continuity of economic activity, the functioning of companies, wage growth, and more efficient revenue collection, alongside a reduction in the grey economy.
In the same period, social contributions, as an essential source of financing for the pension and healthcare systems, reached 58.8 billion denars, or 7.5% more than last year.
As for expenditures, budget execution reached 205.9 billion denars, with a focus on the regular fulfillment of legal obligations toward citizens and the economy.
A total of 1.2 billion denars was paid out for refunds from the solidarity tax. Some 58.1 billion denars was allocated for pensions, 25.5 billion denars for healthcare, and 7.6 billion denars for social protection. Meanwhile, municipalities received 15.1 billion denars through block grants, as well as an additional 2.4 billion denars from VAT.
In the first half of the year, the state settled all obligations to domestic and foreign creditors. A total of 12 billion denars was paid in interest, while 60.7 billion denars went toward principal repayments, which, according to the minister, is important for maintaining the confidence of investors and international financial institutions.
She underlined that financial discipline and the regular settlement of obligations continue to be a priority.
Capital expenditures for this period reached 19.4 billion denars, marking annual growth of 53.5%. These funds were directed toward infrastructure, schools, kindergartens, healthcare facilities, energy, and local development. A total of 6.3 billion denars was spent on Corridors 8 and 10-d, while 2.1 billion denars was allocated to municipal infrastructure projects.
