Podcast in English
Text size
Bulgarian National Radio © 2025 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

Minister of Finance Temenuzhka Petkova

Finance Minister Petkova confirms Bulgaria's readiness for eurozone integration

Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by the American and British Chambers of Commerce in Bulgaria. Minister Petkova emphasised that Bulgaria..

published on 4/15/25 1:37 PM

The new ambassador of Italy has presented his credentials.

Deputy Foreign Minister Elena Shekerletova received the credentials of the new Italian Ambassador in Sofia, Marcello Apicella, the Foreign Ministry said. During the talks, both sides expressed satisfaction with the long-standing friendly relations and..

published on 4/15/25 1:20 PM

Shell to explore for oil and gas in Bulgaria’s economic zone in the Black Sea

Bulgaria’s Minister of Energy Zhecho Stankov and Vanya Ivancheva, Country Chair Shell Bulgaria, signed a contract for oil and gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. The ceremony took place at the Council of Ministers..

published on 4/15/25 12:28 PM