The Parliamentary Commission for Finance and Budget has begun reviewing the 2nd reading budget proposal 2027. The debate will last 10 days and over 300 amendments have been submitted.
The debate in the commission on the 2027 Budget Proposal will last 10 days, of which the maximum four are planned for general debate and six for amendments. Over 300 amendments have been submitted to the proposal by authorised proposses.
Revenues are planned at 395.4 billion denars, which is 5.7 percent more compared to 2026, and spending at 440.4 billion denars, or 4.8 percent more. The budget deficit is projected at 45 billion denars, or 3.5 per cent of BPV, in line with Fiscal Strategy for the period 2027,2031.
Capital expenditures are planned at 40.8 billion denars, and tax revenues are projected at 223.1 billion denars, with an increase of 6.4 per cent. 220.8 billion denars are planned for social transfers, of which 123.8 billion per pension, which is a 4.8 per cent increase in line with legal harmonisation.
In 2027 the State must settle a debt of 124.6 billion denars, of which 46.5 billion are related to external debt. The 500m-euro Eurobond issued in 2023 is also planned for atonement. To finance the deficit and obligations, domestic borrowing of 36.3 billion denars, 60 billion denars for letters worth a year of government to be repaid and foreign borrowing of 86.8 billion denars is planned. /Telegraphy/