The state has outlined the financial framework for next year - with over 31.2 billion euros in revenues and nearly 17.5 billion euros in expenses. The draft State Budget Act for 2026 and the Updated Medium-Term Budget Forecast 2026-2028 have already been published by the Ministry of Finance and are subject to public discussion.
What revenues does the state expect
According to the document, total revenues, grants and donations are estimated at 31,283,276.7 thousand euros.
The largest share is taken by the value added tax (VAT) - nearly 15 billion euros, followed by personal income taxes - 4.9 billion euros, and corporate tax - 3.8 billion euros.
Tax revenues in general amount to over 28.4 billion euros, which indicates the maintenance of a stable revenue base and a moderate tax policy.
How the funds will be spent
The total amount of expenses for 2026 is planned at 17,496,437.1 thousand euros. Of these, the largest part is occupied by current expenses - 14.5 billion euros, with over 7.3 billion euros planned for personnel.
Subsidies and current transfers amount to 1.19 billion euros, and interest expenses - over 1 billion euros.
For households, 2.16 billion euros are foreseen in the form of compensation and assistance.
The investment part of the budget includes nearly 2.9 billion euros in capital expenditures, including 2.46 billion euros for fixed assets and repairs.
The reserve for unforeseen and urgent expenses is 67 million euros, mainly for preventing and managing the consequences of disasters.
Funds for municipalities and local authorities
The budget also includes budgetary relationships (transfers) in the amount of over 16.2 billion euros, with more than 5.1 billion euros directed to municipalities.
These funds will support education, social activities and local infrastructure, with the aim of ensuring financial decentralization and stability of regional level.
The updated medium-term budget forecast emphasizes that the adoption of the budget procedure is of key importance for the preparation of the main budget documents, as it includes the deadlines, distribution of responsibilities and requirements for the preparation of the forecast and the draft state budget.