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.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
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 Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn..
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..
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