Dimitrieska-Koçoska: Public Debt Fell to 58.8% of GDP in the Second Quarter

The Ministry of Finance today published data on public and government debt for the second quarter of 2026. According to official figures, public debt stands at 58.8% of GDP, amounting to €10.726 billion in absolute terms.

Compared with the previous quarter, public debt fell by 0.1 percentage points, or by €21 million in absolute terms.

Meanwhile, the debt-to-GDP ratio in the second quarter of 2026 was 2.6 percentage points lower than at the end of 2024 and 0.6 percentage points lower than at the end of 2025.

During the second quarter of 2026, more than €300 million was paid to service part of the Eurobond. The Eurobond, with a total value of €700 million, was issued in 2020, while the bulk of it was repaid in the first quarter.

Finance Minister Gordana Dimitrieska-Koçoska said that public debt management had been successful so far.

“Public debt stood at 58.8% of GDP in the second quarter. Let us look at the level it reached in 2021 and where it stood in 2024. We managed all of this and brought matters under control. Believe me, it is not easy to operate with public debt hovering around 60% of GDP at all times and to fight to keep it from exceeding that threshold,” Dimitrieska-Koçoska told “RTVM.”

She said the borrowing limit, which in some cases is also viewed as a psychological threshold, may be exceeded, but stressed that the purpose of the funds and their impact on economic growth—which she said has continued in recent years—are particularly important./Telegrafi/