Skopje, 27 June 2025 (MIA) - The Parliament debate on the 2025 Budget revision is set to begin at a session of the Finances and Budget Committee on July 2.

The Government adopted the Budget revision on June 19, with revenues projected at Mden 362.4 billion (EUR 5.9 billion) and capital expenditures at Mden 47.5 billion (EUR 772 million). The GDP growth rate stands at 3.7 percent and inflation is set at 2.8 percent.

"Total revenues are projected at Mden 362.4 billion or 1 percent more than the initial budget. The increase comes as a result of rising non-tax revenues - administrative taxes, concessions, National Bank profit etc - as well as enlargement of self-financing activities of institutions instead of full financing from Budget funds," said Finance Minister Gordana Dimitrieska Kochoska.

According to her, total expenditures are projected at Mden 403.7 billion (EUR 6.56 billion), also rising by 1 percent, owed primarily to the development component.

MIA file photo