VAT

Serbia Raises 2026 Budget Deficit Target as Spending Plans Expand

Serbia plans to widen its 2026 budget deficit by about €503 million, with higher allocations for roads, pensions, healthcare and social support exceeding the improvement in projected revenue. Under the proposed supplementary budget, the deficit would reach approximately €3.38 billion, or 3.5% of projected GDP, compared with the original target of about €2.88 billion, according to an analysis in the September MAT bulletin. Budget revenue is projected to rise 4.7% to around €21.56 billion, while planned expenditure increases 6.2% to…