Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Drop in budget revenue due to lower fuel prices

Photo: BGNES

"Bulgaria is experiencing a fall in fuel prices. There has been a decrease in the last 3 months by about 19% for gasoline and 17% for diesel. Bulgarian fuel prices before VAT and excise duty are slightly below average European levels", energy expert Martin Vladimirov from the Center for the Study of Democracy told the BNR. 

The negative effects on the Bulgarian economy come because of the much lower budget revenues from VAT and excise duties, the expert said. In Bulgaria, fuels annually account for about 30% of VAT revenues. The decline in May and June is estimated at between 30 and 35%, which is a serious shock to the budget, Vladimirov commented.





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

Road Infrastructure Agency: Drivers should prepare for winter road conditions

Drivers travelling today and in the coming days should prepare their vehicles for winter conditions , the Road Infrastructure Agency has urged. The weather forecast is for worsening conditions, rain and snow showers and strong winds. Snow is..

published on 4/6/25 12:36 PM
A tragic road accident that claimed the life of a 12-year-old girl has sparked public outrage over the poor state of road conditions.

13,000 reports of poor road conditions have been filed by the Ministry of the Interior in 2024

The Ministry of the Interior has submitted 13,000 reports about poor road conditions in 2024 . This was revealed in an interview with Nova TV by Chief Commissioner Maria Boteva, who added that more than 2,000 additional reports were submitted in the..

published on 4/6/25 11:23 AM

Temperatures go down on Sunday, rain and snow in the forecast

Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the precipitation will pick up from the Northwest. During the day on Sunday the rain will continue, and..

published on 4/5/25 6:10 PM