Government of Serbia Adopts Draft Budget for 2026

According to the government’s statement, tax revenues are planned at 2.08 trillion dinars (an increase of 126.6 billion dinars), non-tax revenues at 303.3 billion dinars, and donations at 31.4 billion dinars.

The proposed budget also foresees total expenditures and outlays of 2,751.7 billion dinars.

As stated, a fiscal deficit of 3% of GDP is projected, and this result will not disrupt the established path of reducing the share of public debt in GDP, which is projected at 44.5% in 2026.

The projected economic growth rate for 2026 is 3% of GDP, with growth of 5% expected in 2027, and 3.5% in 2028.

Finance Minister Sinisa Mali stated that the proposed budget is development-oriented, socially focused, and aimed at further strengthening the country’s economy and providing support to citizens and businesses.

This means, he explained, that the priority remains improving citizens’ living standards through income growth, strengthening the economy, and continuing the wave of investments launched under the program “Leap into the Future - Serbia 2027,” which envisions the implementation of 323 projects across the country, worth a total of 17.8 billion euros.

The finance minister also noted on Instagram that the parliamentary debate on the budget and the accompanying set of laws is expected to be on the agenda by the end of November.

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