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

MEP asks European Commission about alleged biased inspections against DPS-run municipalities

MEP Ilhan Kyuchyuk has sent written questions to the European Commission regarding reports of large-scale biased inspections by the General Directorate for Combating Organised Crime, the Anti-Corruption Commission, the National Revenue Agency and other..

published on 8/24/24 1:05 PM

President Radev: The glory of Shipka Epopee remains unsurpassed

"There are many places in Bulgaria that preserve the memory of the struggles for national liberation, but the glory of the Shipka Epopee remains unsurpassed, " President Rumen Radev wrote on his Facebook page on the occasion of the 147th anniversary of..

published on 8/24/24 12:41 PM

A must see: the Bulgarian Pavilion at the Venice Biennale

The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to be named as one of the must-see pavilions," says Dr Nadezhda Dzhakova, Commissioner of the..

published on 8/24/24 12:03 PM