At an extraordinary meeting, the government has approved a package of laws that it sent to the National Assembly in relation to the adoption of the budget for 2024.
Minister of Finance Assen Vassilev expects inflation to be between 3 and 4.8% in 2024, as well as 3.2-percent GDP growth. The expectation is for a GDP of 102.5 billion euros. The final parameters of the budget also depend on the tax laws that the parliament would adopt. The budget will be published for discussion, Minister Vassilev said.
The zero rate of VAT for bread and flour is preserved until mid-2024. It is proposed to keep the 9% VAT for restaurateurs and hoteliers, but only if the industry accepted electronic payment of salaries through banks. All establishments with an annual turnover of less than 50,000 euros will pay patent tax, not VAT, as the money from the tax will go to the municipalities,” Vassilev said.
Natural gas prices are expected to decrease by around 2% in September, according to a forecast by Bulgargaz. This is clear from the request submitted to the Energy and Water Regulatory Commission (EWRC). The company informs that next month, the..
The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says. 152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been..
The total quarterly income on average per person in a household in the second quarter of 2024 was 1,644.32 EUR and increased by 20.5% compared to the same period in 2023 , NSI data show. At the same time, the average three-month..
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