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

2023 state budget concept sets down 3% deficit

Minister of Finance Rositza
Photo: BGNES

The Ministry of Finance presented a concept for a 2023 draft budget with a 3% deficit.

The draft sets down a 10% increase in budgetary sector salaries in the sectors in which this has not yet been done. The draft also envisages the imposition of excess profits tax – a single solidarity contribution for the second quarter of 2023, as well as the reinstatement of some of the VAT rates that were reduced during the Covid-19 pandemic, with the exception of  VAT on bread, flour, baby foods and books, restriction of business trips and representation expenditure, raising excise duty on e-cigarettes.

The draft was approved at today’s government sitting.



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

Petition calls for the establishment of the first marine reserve in Bulgaria

On October 31, we celebrate the International Black Sea Day. It aims to draw public attention to the problems of the sea and the ways to protect it, to ensure a better future for 16 million people from six countries living along the Black Sea coast...

published on 10/31/24 7:50 AM

Central Election Commission announces final distribution of seats in the 51st National Assembly

The Central Election Commission has announced the final distribution of seats in the 51 st National Assembly after the early election for parliament held in Bulgaria on 27 October. Eight parties enter parliament, Kamelia Neykova, chair of the..

published on 10/31/24 6:54 AM

Weather forecast: The last day of October will be warm and sunny

On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures 4-9° C., for Sofia 5° C. During the day there will be sun. Daytime highs will reach 17-22° C.,..

published on 10/30/24 6:15 PM