Bread will not be taxed with VAT, the parliamentary budget committee, which is debating the second reading of the state budget update, has decided.
The committee, however, rejected the proposal of GERB and Vazrazhdane parties to reduce the tax on oil, fruit, vegetables and other agricultural products from 20 to 9%. Outgoing Finance Minister Assen Vassilev commented that the lower rate would lead to serious losses for the treasury, while the effect would be doubtful.
The draft budget update also envisages an increase in the state debt limit to BGN 5.2 billion. The financial framework is calculated at an inflation rate of 11.9% and economic growth of 2.9%.
From today until May 29, Bulgarian companies are participating in a two-week seminar in Beijing, organized by the Executive Agency for the Promotion of Small and Medium-sized Enterprises and the Embassy of China in Bulgaria. The seminar is..
Banking Today conference is taking place at the Inter Expo Center in Sofia. The forum brings together representatives of the banking, financial and technological community, who will focus on the development of the financial and banking sector in the..
On Tuesday, over many areas, the cloudiness will temporarily decrease, but in the morning in places in the lowlands there will be short-term fog. Around and after noon, cumulus and cumulus-rainy clouds will develop. Mainly in Southwestern Bulgaria,..
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to..
“I hope that our MPs will fulfill their commitments not only to the eurozone, but also to democracy . It is surprising that people who call themselves..
On Monday before noon, sunny weather will prevail . In the afternoon, it will mainly rain in the southern half of the country. Minimum..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain