Text size

Zero VAT for bread and flour, finally decided by Parliament

published on 6/29/22 2:58 PM

Photo: БГНЕС

Zero VAT on bread and flour until July next year - this is the final decision of the National Assembly in the state budget update.

The proposal to reduce VAT on oil, fruit and vegetables from 20 to 9 per cent was rejected. The excise duty on tobacco products will not be raised, MPs also agreed. This means that the prices of cigarettes and e-cigarette liquids will not rise and the state treasury will lose BGN 100 million (EUR 51 million).

MPs are also due to vote on the budget's basic framework at second reading, according to which the deficit will be maintained at a ratio of 4.1% and the debt limit will be raised to BGN 10.3bn (EUR 5.2bn).

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News bread budget update excise VAT

More from category

Bulgaria’s MFA: Our concerns regarding North Macedonia are linked to the rights of Bulgarians to self-determination

The Ministry of Foreign Affairs has taken note of the European Parliament’s Foreign Affairs Committee (AFET) report on the Republic of North Macedonia’s progress, including its assessments and findings on the country's European integration process...

published on 6/24/25 4:26 PM

EP Foreign Affairs Committee rejects all Bulgarian proposals on the Macedonian issue

The European Parliament's Foreign Affairs Committee adopted the draft report on the Republic of North Macedonia's progress towards EU integration, with 40 votes in favour, 19 against and 10 abstentions. All Bulgarian proposals were rejected, including..

published on 6/24/25 3:28 PM

Defence Ministry proposes wartime HQs for state authorities

Defence Minister Atanas Zapryanov has proposed the establishment of wartime command centres for state institutions . A draft decree from the Council of Ministers on this matter has been published for public consultation. The initiative aims to ensure..

published on 6/24/25 2:51 PM