After the Council of Ministers approved a draft of a state budget act for 2023 with a 3% deficit, the Ministry of Finance published a draft of amendments to the Code of Tax and Social Security Procedure for public discussion.
The draft proposes tax amendments aimed at creating additional sources of revenue in the state budget so as to improve revenue collection with the aim of attaining the budget deficit set down. The amendments include doing away with some of the tax and excise duty rebates introduced over the health and the economic crisis during the past three years, having failed to demonstrate their efficiency as regards any benefits for consumers and for the market. A solidarity installment on excess profits generated in the 1 July, 20223-31 December, 2023 period is also proposed.
Ukrainian Foreign Minister Andrii Sybiha had a telephone conversation with his Bulgarian counterpart Georg Georgiev. The two discussed steps to achieve a just peace and ways to develop mutually beneficial cooperation. The Ukrainian first diplomat wrote..
16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria is among them, BTA reports. The European Commission presented a White Paper on the future of..
On Thursday, the minimum temperatures in Bulgaria will be from 4 to 9°C . In Sofia it will be around 7°C. During the day, sunny weather will prevail. In places, mainly in Northern Bulgaria and the mountains, there will be short-term precipitation..
The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security,..
GERB Leader Boyko Borissov and President Rumen Radev got into a dispute in the media over the country's new F-16 fighter jets, the first of which is..
16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria..
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