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

Bulgaria enters the new year with regular budget

Photo: BGNES-library

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 percent. The growth of the economy is projected to reach 3.2%.

In 2024, the National Revenue Agency introduced new criteria for defining companies as large or medium-sized taxpayers. 1,350 large companies have contributed more than 1.5 million euros to the budget during the year. Large companies will now be considered those that bring in more than 1.75 million euros per year or whose sales revenue is more than 150 million euros. Average taxpayers are those contributing over €0.75m or having sales revenue over €7.5m. There are about 3,300 such companies in Bulgaria.



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

Rumen Radev, briefing for Bulgarian media, New York, 26 September, 2024

President Rumen Radev meets with representatives of business companies in US

Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..

published on 9/27/24 10:40 AM

38% of adults in Bulgaria will go to the polls in October election: Survey

If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend agency, commissioned by 24 Chasa daily. GERB/SDS comes first with an approval rating of 24.8%...

published on 9/27/24 10:26 AM

Bulgaria, Romania, Greece and Croatia coordinate positions on EU and Ukraine

The foreign ministers of Bulgaria, Romania, Greece and Croatia held a meeting within the framework of the general debate at the UN General Assembly in New York, Bulgaria’s Foreign Ministry has announced. The foreign ministers of the four..

published on 9/27/24 10:01 AM