Podcast in English
Text size
Bulgarian National Radio © 2025 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

EnduroSat CEO Raycho Raychev (centre), Bulgarian Ambassador to the US Georgi Panayotov (right) and a representative of the US House Committee on Science, Space and Technology.

Bulgarian ambassador and EnduroSat CEO meet U.S. science, space, and technology experts

Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts from the US House of Representatives Committee on Science, Space and Technology. This was announced..

published on 3/14/25 4:45 PM

Trade unions: Additional budget needed for public sector salaries

An additional €100 million should be urgently earmarked for public sector pay rises, the Confederation of Independent Trade Unions of Bulgaria (CITUB) is demanding ahead of the second reading of the 2025 budget in the National Assembly next week.  In..

published on 3/14/25 4:36 PM

Students will now be able to test their PISA skills online

Students can now test their skills in solving PISA tasks online. The Ministry of Education and Science has set up a module on its website with a link to the special platform. It contains sample tests in three areas - science, mathematics and reading -..

published on 3/14/25 4:15 PM