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

European Public Prosecutor’s Office investigates fictitious mussel farm in the Black Sea

Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the municipality of Nessebar, have prompted an investigation by the European Public Prosecutor’s Office...

published on 10/20/25 1:59 PM

President of Hungary is on a two-day visit to Bulgaria

President Rumen Radev welcomed Hungarian President Tamás Sulyok in Smolyan. The guest visited the Bulgarian home of Hungarian poet, translator and artist László Nagy in the city in the Rhodopes. On October 20, the two presidents held..

published on 10/20/25 1:36 PM

Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on transport projects

Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas. He stated that an agreement for the..

published on 10/20/25 11:54 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 1 | Max: 16

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Zero VAT for bread and flour, finally decided by Parliament

More from category

European Public Prosecutor’s Office investigates fictitious mussel farm in the Black Sea

President of Hungary is on a two-day visit to Bulgaria

Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on transport projects

Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on transport projects

European Public Prosecutor’s Office investigates fictitious mussel farm in the Black Sea

Bulgarian priest proposes prayer service for successful peace talks in Budapest