Monaco Approves Record 2026 Budget with Major Public Investments
Principality of Monaco – National Council
Press Release Details
- Organisation: Principality of Monaco – National Council
- Location: Monaco
Summary
The National Council has adopted Monaco’s 2026 preliminary budget, marking a record level for both state and municipal spending, with key projects scheduled throughout the year.
Monaco’s National Council has approved the 2026 preliminary budget, setting a record with a projected surplus of over €8.8 million. The vote concluded the Council’s final public session of the year, with 15 councillors in favour, five opposed, and three abstentions.
The municipal budget will reach just over €113 million, up approximately 21%, reflecting increased funding for local services and major infrastructure projects. Key sectors benefiting from additional investment include social action, early childhood programs, senior services, and local animation initiatives.
Several high-profile projects are scheduled for 2026: the Exotic Garden reopening in March with free access for residents, the Espace Saint-Martin reopening in June, the launch of the Live by Léo Ferré concert hall in September, and the restructuring and extension of Villa Sauber in Larvotto.
The 2026 budget underscores Monaco’s ongoing commitment to fiscal balance, social support, and urban development, continuing to enhance the Principality’s quality of life and cultural offerings.
Looking to share your own Monaco press release? Publish it here.