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Ministry of Finance proposes tax amendments

After the Council of Ministers approved a draft of a state budget act for 2023 with a 3% deficit, the Ministry of Finance published a draft of amendments to the Code of Tax and Social Security Procedure for public discussion . Finance..

17.03.23 19:40 |

Bulgaria takes a new national debt

On September 19, the Bulgarian National Bank (BNB) announced a tender procedure for the taking of internal debt of 100 million euros. The bonds of the Ministry of Finance have a maturity of 10.5 years and an interest rate of 2.25 percent. For this..

19.09.22 13:12 |

Public Financial Inspection Agency finds serious violations in construction of Hemus motorway

Bulgaria’s Ministry of Finance announced that an inspection conducted by  Public  Financial Inspection Agency  found serious violations in the completion of Hemus motorway . A contract between the Road Infrastructure Agency and..

09.07.22 17:35 |
MP Toshko Yordanov

MP Toshko Yordanov: Bulgaria’s Ministry of Finance has blocked the money of the Russian Embassy in Sofia

Bulgaria’s Ministry of Finance has blocked the money of the Russian Embassy in Sofia, announced MP Toshko Yordanov, Chairman of the Parliamentary group of "We Continue the Change" party.  In his words, Bulgarian companies operating on the Russian..

06.07.22 15:04 |
Andrey Gyurov (left).

Expert Council discusses budget update

An expert council of the ruling coalition discusses the budget update and proposed anti-crisis measures at the Ministry of Finance.  Before the meeting, the Bulgarian Socialist Party said that aid for the most vulnerable would be implemented..

03.06.22 18:20 |

The draft plan for the introduction of the euro should be ready by 30 June, 2021

A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024. This is made clear by a draft decree by the Council of..

05.03.21 19:00 |

Bulgaria increases government debt to 19.84 billion euros due to Covid-19 crisis

Bulgaria's government debt will increase to BGN 38.8 billion /EUR 19.84/ by the end of 2023. This is written in the draft of the debt management strategy of Bulgaria, published on the website of the Ministry of Finance, BNR reports. In the period..

22.10.20 13:02 |

Bulgaria’s Ministry of Finance to be closed for a day over Covid-19 case

The Bulgarian Ministry of Finance will be closed for disinfection on June 25 after an employee of the ministry tested positive for Covid-19. All people who contacted with the infected person will undergo tests for coronavirus. Services for citizens..

24.06.20 18:09 |

Finance Ministry says budget surplus will exceed 1 billion Leva at end of March

The budget surplus will, once again, exceed 1 billion Leva (approximately 500 million euro) at the end of March, the Ministry of Finance forecasts. At the end of February it stood at a little over 800 million Leva. Revenues from taxes have..

01.04.17 13:40 |

Public debt grows 2 billion euro on December 2015

Public debt in Bulgaria is to the tune of more than 13.7 billion euro at the end of December 2016, figures released by the Ministry of Finance suggest. On November it grew about half a billion euro and on December of 2015 more than 2 billion. Under..

31.01.17 14:39 |
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