The State Budget Act for 2024 has been promulgated in the State Gazette. For the first time in several consecutive years, the country enters the new year with a regularly voted budget. The expected deficit is 3%. The expected annual inflation is 4.8..
Preliminary data on the implementation of the budget show that the deficit will be lower than planned, Bulgaria’s Minister of Finance Ass en Vassilev said in parliament. "I expect the deficit to be 2.5%, not 3%. This will leave EUR 500..
Discussion of the state budget for 2024 will begin next week in plenary, and tomorrow – of the proposals for amendments to the tax laws. This was agreed by Finance Minister Assen Vassilev and the chair of the National Assembly’s Budget and Finance..
GERB leader Boyko Borissov took a stand against the possible sale of farmland from the State Land Fund. He stated that no discussions have so far been conducted by We Continue the Change/Democratic Bulgaria (PP/DB) with GERB on the matter...
The Parliamentary Committee on Budget and Finance has approved at first reading the Law on the State Budget Act for 2024. The project was supported by PP-DB, GERB-SDS and DPS. GERB-SDS, however, defined it as a "compromise" and criticized the set..
The Bulgarian MPs have opened debates on a package of tax laws – on excise duty and tax warehouses, the Tax and Social Security Procedure Code, VAT, corporate income tax, personal income, local taxes and charges. The amendments have to be..
BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..
The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister..
The average total income for the third quarter of 2023 per household member in Bulgaria is EUR 1 , 469.45, up by 22.5% compared to the third quarter of 2022. Over the same period, spending per household member is EUR 1,387.65, an increase..
“There are no insurmountable differences regarding the budget for 2024, the controversial elements can be cleared up by way of dialogue,” Prime Minister Nikolai Denkov told reporters in parliament after the debates on the upcoming vote of no..
