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.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
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On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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