Parliamentary finance committee continues debate on 2026 budget rebalance
MPs from government and opposition clash over the need for the rebalance, its impact on investment and a €70 million borrowing request.
The Parliamentary Committee on Finance and Budget today continued its review of amendments to the proposed 2026 budget rebalance, which has attracted a total of 124 amendments.
Clash over planning and financing
During yesterday’s plenary debate, MPs from the ruling parties and the opposition exchanged sharply different assessments about the need for the changes, the quality of budget planning and how development projects will be funded.
Members of the ruling majority defended the rebalance as a necessary response to changed economic conditions and emphasised that the adjustments keep support for socially vulnerable citizens, the health sector and municipalities.
The opposition warned that this is already the second rebalance during the year and said the move raises doubts about the realism of the original budget planning. Opposition MPs argued that lower revenues and cuts to capital spending could endanger development investments and called for clear explanations of the consequences of the changes.
Separately, the Government has sought additional borrowing — requesting €70 million from a domestic bank — a move that has become part of the committee’s scrutiny as MPs review the submitted amendments.
Photo: press material from the event
