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

9% VAT on oil and zero VAT on bread proposed by Parliament Agriculture Committee

Plamen Abrovsky
Photo: BGNES

Value added tax (VAT) on sunflower oil, fruit and vegetables to be reduced to 9% for a year from 1 July is the proposal of Parliament Agriculture Committee Chairman Plamen Abrovsky and his fellow members of There Is Such a People party. 
The proposal was tabled before the second vote on the state budget updateThe reasoning is that the reduced VAT rate will keep price growth as low as possible and preserve, albeit partially, the purchasing power of the population. 

Zero VAT on flour is also proposed for the same period to mitigate the burden of high bread prices on households.



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

The first statue found at Heraclea Sintica probably depicts the grandson of Emperor Octavian Augustus

The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July,  is probably of Lucius – grandson of Roman Emperor Octavian Augustus, announced Prof. Lyudmil Vagalinski who is in charge of the excavations...

published on 11/26/24 10:30 AM

Rumen Radev in Vietnam: Wise diplomacy can prevent war

President Rumen Radev, who is paying an official visit to Vietnam, delivered a lecture on the occasion of the 75 th anniversary since the establishment of diplomatic relations between the two countries at the Diplomatic Academy of the Ministry of..

published on 11/26/24 9:30 AM
(L to R) Atanas Atanasov, Kiril Petkov, Bozhidar Bozhanov, Nikolai Denkov from PP/DB

PP/DB: Boyko Borissov as PM is absolutely unacceptable

“We find the proposal of Boyko Borissov as premier of Bulgaria absolutely unacceptable, we are not going to be involved in any trading in positions.” This is the answer We Continue the Change/Democratic Bulgaria (PP/DB) gave to the proposal by GERB..

published on 11/26/24 9:12 AM