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

Remembering legendary basso Boris Christoff as a late 20th century emblem of Bulgaria

A photo exhibition dedicated to renowned Bulgarian basso Boris Christoff opens in Sofia on 28 August. The exposition is organized by Plovdiv municipality’s Culture, Archaeology and Cultural Heritage department, and celebrates the 110 th birth..

published on 8/25/24 7:55 AM

Temperatures up to 38°C on Sunday

Sunday will be mostly sunny. In the afternoon, clouds will develop over eastern Bulgaria, but there will only be isolated showers and thunderstorms. There will be light to moderate winds from east-northeast. Maximum temperatures will be between 33°C and..

published on 8/24/24 7:05 PM

Minister Atanas Zapryanov willing to remain in new caretaker cabinet

Military Minister Atanas Zapryanov has confirmed to journalists that he would accept to remain in the next caretaker cabinet if offered the post. "The main long-term priority in the next caretaker mandate will be personnel. We will develop a..

published on 8/24/24 5:13 PM