Public debt, 55.8% of GDP in 2025 - Domestic borrowing is planned for 50 billion ALL
The budget deficit for 2025 is planned to be at the level of 2.6% of GDP. The primary balance is expected to be balanced by 2025.
In 2024, gross public debt is projected to fall to around 56.3% of GDP and is expected to further decline to around 55.8% in 2025.
According to the baseline scenario, Gross Public Debt is expected to decline to around 55.0% in 2026 and further to around 48.5% in 2031.
Regarding the economic perspective, in the macro-fiscal programming for 2025, an economic growth of 3.9% is foreseen.
This growth will be generated mainly by domestic demand, both from private consumption and from total investment in the economy.
At the same time, it is expected that the net foreign demand will also contribute positively, especially due to the increase in exports, including the export of goods, but again with a special role of service exports mainly related to the tourism sector.
Budget revenues for 2025 are predicted at 754.6 billion ALL or 28.8% of GDP. Compared to the revised plan for 2024, budget revenues for 2025 are predicted to be 40.6 billion ALL more.
Tax revenues are expected to reach ALL 709.8 billion, and within the item of tax revenues, revenues collected from taxes and customs amount to ALL 449 billion, while revenues from social and health insurance contributions are planned to be ALL 168.9 billion .
Compared to 2024, tax revenues increase by 0.6% of GDP or ALL 54 billion.
Poll
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