Minister Petkova: No Tax Hikes or Insurance Increases in Bulgaria's 2025 Budget

Corporate and personal income taxes will not increase next year, Deputy Prime Minister and Finance Minister Lyudmila Petkova announced. She also confirmed that the 2025 budget deficit will be kept within 3% of GDP, with a package of measures targeting both revenues and expenditures to achieve this goal.

The budget for next year does not include removing Covid-related pension supplements, nor does it propose increases to corporate or personal income taxes....