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

Council of Ministers

Bulgaria’s cabinet allocates 3.1 million euros for prevention of domestic violence

The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 , the press service of the Council of Ministers reports. The planned measures will cost more..

published on 9/28/24 11:44 AM

Foreign Minister Kondov assures Lebanese counterpart that Bulgaria has nothing to do with pager explosions

During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan Kondov informed Minister of Foreign Affairs of Lebanon, Abdallah Bou Habib, about the results of an..

published on 9/28/24 10:50 AM
Ivan Kondov

Good neighbourly relations are essential in the EU enlargement process

European integration is the best way to guarantee and promote peace, security, democracy, human rights and the rule of law in the interest of the citizens of the countries part of the enlargement process. This position was expressed..

published on 9/28/24 9:55 AM