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

2023 state budget concept sets down 3% deficit

Minister of Finance Rositza
Photo: BGNES

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.



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

Rose oil production up by 10% in 2024

10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..

published on 10/4/24 9:59 AM

Market Links survey: 6 parties and coalitions enter future parliament

If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links poll, commissioned by bTV shows. GERB/SDS would earn 23.1% of the votes, followed by We..

published on 10/4/24 9:52 AM
Dzheyhan Ibryamov’s wife Birshen declared a hunger strike until his release

Dzheyhan Ibryamov’s wife declares hunger strike

Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution as member of parliament and as candidate for member of parliament in the upcoming election...

published on 10/4/24 8:53 AM