North Macedonia’s Parliament Approves Budget Revision

MPs in the Parliament of the Republic of North Macedonia approved the amended proposal for the revision of the 2026 budget this afternoon. The decision received 64 votes in favor, with no votes against and no abstentions, Telegrafi Macedonia reports.

A parliamentary debate was held before the vote. Representatives of the governing majority argued that the budget amendments are intended to preserve economic stability, promote development and ensure responsible management of public finances.

The opposition, meanwhile, claimed that the proposal does not support productive development and is neither development-oriented nor socially focused. According to opposition MPs, citizens expect results, not slogans.

While presenting the amended proposal at the parliamentary session, Finance Minister Gordana Dimitrieska-Koçoska said the Government and the relevant ministry have an obligation to intervene promptly by adjusting budget projections to reflect actual economic developments.

Dimitrieska-Koçoska explained that the macroeconomic and fiscal results from the first half of the year, influenced by external developments, made it necessary to revise the initial projections. According to her, the aim is to secure additional funds to meet the highest-priority obligations arising from signed collective agreements, as well as to increase funding for agriculture, social protection, municipalities and capital expenditure. The minister stressed that the amendments align macroeconomic assumptions with fiscal projections, primarily on the expenditure side of the budget.

The finance minister added that the budget revision is a response to changing economic conditions and serves as a mechanism for aligning public finances with the specific needs of the economy, institutions and citizens./Telegrafi/