“We Continue the Change is proposing a reduction of VAT on home-produced bread, fruit and vegetables,” Venko Sabrutev, deputy chair of the parliamentary budget and finance committee said for the BNR. A reduction of VAT on electricity is also being mulled. The measures are to be included in the anti-inflation package which the ruling coalition is preparing. “How big the reduction on VAT will be will become clear very soon,” Venko Sabrutev said further.
We Continue the Change has already sent an inquiry to the Finance Ministry regarding the impact of the measure on the revenue side of the budget.
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
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