Skopje, 22 July 2025 (MIA) - The Parliament adopted Tuesday the 2025 Budget revision with 65 'yes' votes and 14 'no'.

Earlier today, Finance Minister Gordana Dimitrieska Kochoska elaborated the revision, saying it is in line with macroeconomic developments and based on the real needs of the citizens, institutions and the economy; they optimize and adjust the budget to priorities like meeting debt servicing obligations and using available sources of financing more efficiently.

"Total revenues are projected at 362.4 billion denars, an increase of 1% compared to the initial plan," Dimitrieska Kochoska said.

She said tax revenues had remained stable in the first half of the year thanks to the better projecting methodology and coordination between the Ministry of Finance, the Public Revenue Office and the Customs Administration.

Additionally, she said, the government's efforts to reduce the grey economy, digitize procedures and strengthen controls were expected to contribute to an even better tax collection by the end of the year.

The finance minister said social contributions as source revenues of the pension and health insurance funds were projected at 117.1 billion denars. Total expenditures, she added, were planned at 403.7 billion denars, an increase of about 1% or some 3.5 billion denars more than the initial projections. The budget deficit remained unchanged, she said, at 41.3 billion denars or 4% of GDP.

Photo: Screenshot