Text size

Zero VAT for bread and flour, finally decided by Parliament

published on 6/29/22 2:58 PM

Photo: БГНЕС

Zero VAT on bread and flour until July next year - this is the final decision of the National Assembly in the state budget update.

The proposal to reduce VAT on oil, fruit and vegetables from 20 to 9 per cent was rejected. The excise duty on tobacco products will not be raised, MPs also agreed. This means that the prices of cigarettes and e-cigarette liquids will not rise and the state treasury will lose BGN 100 million (EUR 51 million).

MPs are also due to vote on the budget's basic framework at second reading, according to which the deficit will be maintained at a ratio of 4.1% and the debt limit will be raised to BGN 10.3bn (EUR 5.2bn).

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News bread budget update excise VAT

More from category

The Bulgarian pavilion at EXPO 2025 in Osaka

Bulgaria Day at EXPO 2025 Osaka was marked with a special ceremony and concert

Bulgaria’s Participation in Expo 2025 Osaka will showcase the country’s modern image as a regional innovation hub, said President Rumen Radev at the official ceremony on May 18, which marked Bulgaria Day at EXPO 2025 in Japan. The..

published on 5/18/25 10:05 AM

Bulgarian government delegation to attend inauguration of Pope Leo XIV in Vatican

A government delegation led by Prime Minister Rosen Zhelyazkov will attend Sunday's solemn liturgy marking the beginning of the pontificate of Pope Leo XIV, the government press service announced. Deputy Prime Ministers Atanas..

published on 5/18/25 8:15 AM

Dobrudzha horo dances in the village of Branishte

The beginning of the eleventh “horotheque” in the village of Branishte near Dobrich will be set today at the local stadium, where a 50-meter flag will be raised. The Bulgarian flag will be twice as large as last year's, the mayor of..

published on 5/18/25 7:05 AM