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

Plovdiv District Prosecutor Vanya Hristeva

Scheme for fictitious deals with fuel exempt from excise duty has been uncovered

A scheme for tax crimes through the use of documents with false content about carrying out fictitious deals with fuel exempt from excise duty has been busted. The avoided payment of excise duty is over 4.8 million EUR. The company, which was..

published on 12/10/24 5:34 PM
We Continue the Change Co-chairman Kiril Petkov

We Continue the Change Co-chairman Kiril Petkov gives up his imminuty

 We Continue the Change Co-chairman Kiril Petkov has submitted to the registry of the 51st National Assembly a waiver of his parliamentary immunity.   ''Today, I signed a waiver of my parliamentary immunity. Neither Peevski, nor the other thugs,..

published on 12/10/24 4:49 PM

Scientists study the genome of Bulgaria

More than 1,000 people have participated in the pilot phase of the project "The Genome of Bulgaria", which aims to collect and analyze a representative sample of genomes from contemporary Bulgarians. With this initiative, Bulgaria will contribute to..

published on 12/10/24 4:03 PM