The Ministry of Finance presented a concept for a 2023 draft budget with a 3% deficit.
The draft sets down a 10% increase in budgetary sector salaries in the sectors in which this has not yet been done. The draft also envisages the imposition of excess profits tax – a single solidarity contribution for the second quarter of 2023, as well as the reinstatement of some of the VAT rates that were reduced during the Covid-19 pandemic, with the exception of VAT on bread, flour, baby foods and books, restriction of business trips and representation expenditure, raising excise duty on e-cigarettes.
The draft was approved at today’s government sitting.
The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..
In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..
On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..
On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus..
Minister of Tourism Miroslav Borshosh has met with mayors from the Black Sea municipalities and the regional governor of Burgas to outline a common..
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is..
Partly Cloudy
Clear
sunshine, cloud, rain and thunder