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The Government of the Republic of Serbia

In the service of citizens

2026 budget socially responsible, aimed at further raising living standards

Belgrade, 25 November 2025

First Deputy Prime Minister and Minister of Finance Siniša Mali stated today that the Bill on the Budget of the Republic of Serbia for 2026 is socially responsible, aimed at further raising the living standards of citizens and further investments in public infrastructure that raise the quality of life.

Presenting the Bill in the Serbian Parliament, Mali stated that the budget also includes a “green budget” containing environmental protection projects.

He pointed out that, despite the challenges, we have managed to achieve growth between 2 and 2.5 percent, recalling that last year Serbia was the third fastest growing economy in Europe.

The First Deputy Prime Minister noted that, in terms of macroeconomic parameters, Serbia has ever-larger gold reserves - 52 tons, more than 29 billion euros in foreign exchange reserves, unemployment of 8.5 percent and an employment rate of 51.5 percent, with a stable exchange rate.

He announced further plans for development, growth in living standards, primarily through further increases in salaries and pensions, starting from 1 January by 5.1 percent for public sector employees.

He specified that the 2026 budget bill envisages RSD 740 billion in capital investments, which is 6.7 percent of GDP.

According to him, the budget envisages investments in 30 educational institutions that will be renovated or built over the next year, two social welfare institutions, works on water supply networks in 28 local governments, further infrastructure that includes everything needed to present Serbia to the world at the Expo in 2027.

He said that the Serbian parliament agenda also includes a set of 23 legal proposals from the Ministry of Finance.

These are reform laws, very important for the state, which speak about the future and about how Serbia has positioned itself as an attractive investment destination, Mali emphasised.

The First Deputy Prime Minister assessed that the 2026 budget represents a strong foundation for further economic growth, raising the living standards of citizens and modernising state services.