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.
On Wednesday 30 April, between 8am and 5pm, traffic on the Danube bridge near Ruse will be stopped periodically at short intervals, the Road Infrastructure Agency (RIA) announced. The temporary restriction is due to asphalt paving work on a closed 413..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new financial mechanisms to support, revitalise and stimulate Bulgarian agriculture . The appeal is driven..
Bulgaria's population was 6,437,360 at the end of 2024, down by 8,121 people (0.13%) from the previous year, according to the National Statistical Institute. All 28 regions recorded negative natural growth. As of December 31, 2024, there were..
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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