The new Minister of Finance, Kiril Minoski today reported the final sum od the budget for the tear of 2015, before the members of the Parliamentary Commission for Finance and Budget.
Total revenue on the budget was 161 million denars, total expenditure 180 million denars, and the deficit amounts to 19 million denars.
At the time of the final account for the year of 2015, public debt amounted to 38 percent of the gross domestic product (GDP). In the first four months of 2016, the public debt kept rising and eventually rose to 47.2 percent of the GPD.
The Minister stresses that the fiscal policies planned for 2015 had been achieved.
The final account of the budget should be reviewed at a plenary session of the Parliament of the Republic of Macedonia.
