Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria enters the new year with regular budget

Photo: BGNES-library

The State Budget Act for 2024 has been promulgated in the State Gazette. For the first time in several consecutive years, the country enters the new year with a regularly voted budget. The expected deficit is 3%. The expected annual inflation is 4.8 percent. The growth of the economy is projected to reach 3.2%.

In 2024, the National Revenue Agency introduced new criteria for defining companies as large or medium-sized taxpayers. 1,350 large companies have contributed more than 1.5 million euros to the budget during the year. Large companies will now be considered those that bring in more than 1.75 million euros per year or whose sales revenue is more than 150 million euros. Average taxpayers are those contributing over €0.75m or having sales revenue over €7.5m. There are about 3,300 such companies in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Атанас Атанасов

PM asked whether Russian spies on trial in London had logistical support in Bulgaria

"I am addressing a question to the Prime Minister regarding information that on November 26 this year, a group of Bulgarian citizens was on trial in London on charges of spying for Russia," Atanas Atanasov, leader of the Democrats for a Strong Bulgaria..

published on 12/11/24 2:58 PM

Parliament sets up ad hoc committees on drought and small ruminant disease

Even before the election of the regular committees, the Parliament decided to set up an ad hoc committee to find out all the facts and circumstances of the drought problems in the country. The decision was taken unanimously with 203 votes in favour. The..

published on 12/11/24 2:40 PM

Miners take to the streets to protest against new 15% mining tax

Hundreds of miners protested outside the Council of Ministers while an extraordinary meeting of the National Council for Tripartite Cooperation was held inside. The protest is against the planned 15% tax on underground resources from 2025, a tax..

published on 12/11/24 2:29 PM