Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Caretaker Finance Minister: Half of Bulgaria's state budget revenues come from Sofia

Caretaker Finance Minister Assen Vassilev
Photo: BGNES

About half of the revenues in the state treasury come from the activities of Sofia enterprises, and 35% of them are from large taxpayers. This was announced by the caretaker Minister of Finance Assen Vassilev during the first public council on budget policy. 
The minister cut budget revenues and expenditures, focusing on the regional distribution of business. 
According to him, the revenues from concessions are only BGN 145 million. That is why we are already working together with the Ministry of Energy to change the ordinance on concession fees, as these revenues seem extremely underestimated, Vassilev commented.



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

Warning for significant precipitation in ten regions of eastern Bulgaria

On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..

published on 2/17/25 6:55 PM

President Radev names Sofia Airport after the Apostle of Freedom Vasil Levski

Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced.  Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..

published on 2/17/25 5:52 PM

EC closes the infringement procedure against Bulgaria related to the flood risk management plans

The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans.  A statement..

published on 2/17/25 5:40 PM