budget revision

Serbia Raises 2026 Revenue Forecast as Budget Rebalance Puts Spending Under Scrutiny

Serbia has increased its 2026 revenue and receipts forecast by RSD112.45 billion following stronger economic activity and higher-than-expected budget inflows, while raising its real GDP growth projection and reducing its inflation estimate. The government adopted amendments to the 2026 budget on 20 August 2026, lifting projected total revenues and receipts to RSD2,527.15 billion, up approximately 4.7% from the original RSD2,414.7 billion plan. At the same time, the government revised its real GDP growth forecast to 3.3%, compared with 3% in…