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%.
Prime Minister Dimitar Glavchev ordered the Ministry of Environment and Water to take measures to deal with the problem of water scarcity in various regions of the country. He recommended that additional experts and scientific..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov said. Together with the Chief of Defense Adm.Emil Eftimov, the minister was present at the Mausoleum..
The Ivan Mihailov Cultural Club in Bitola has been removed from North Macedonia’s Central Registry, but the spirit of Ivan Mihailov lives on in the people, and a "legal battle" is underway in court to restore the name, the association’s chairman..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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