Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Zero VAT for bread and flour, finally decided by Parliament

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Temperatures rise up to 37°C

Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..

published on 7/6/24 6:05 PM
Ahmed Dogan

Ahmed Dogan convenes meeting of party members, Delyan Peevski is not invited

The honorary chairman of the Movement for Rights and Freedoms, Ahmed Dogan, has organised a meeting of some of the party members in his summer residence "Rosenets", bTV reported. The MPs and members of the movement who supported him,..

updated on 7/6/24 5:12 PM

NATO Permanent Commission will not participate in the Breeze 2024 naval exercise

For the first time, the NATO Permanent Commission will not participate in the National Naval Exercise "Breeze - 2024" because of the different situation we are in, announced the Commander of the Naval Forces in Bulgaria, Rear Admiral..

published on 7/6/24 5:11 PM