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

Bulgarian books donated to the Library of the US Congress

The Director of the Agency for Bulgarians Abroad, Raina Mandzhukova, provided books free of charge for the fund of the Bulgarian Department in the Library of Congress in the US , the agency announced. The donation includes specialized literature for..

published on 1/30/25 12:02 PM

A boat processes the scene of the incident near Ronald Reagan National Airport, January 30, 2025

No reports of injured Bulgarian citizens in the plane crash in Washington

The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced. The Bulgarian diplomatic mission in..

published on 1/30/25 12:00 PM

Bulgarian authorities make efforts to establish a Tourist Guarantee Fund

Bulgaria's Minister of Tourism, Miroslav Borshosh, has held a series of meetings with business organizations in the tourism industry . The main topics of the talks were the need to introduce a Tourist Guarantee Fund, the fight against the gray sector..

published on 1/30/25 11:53 AM