General income tax and profit tax to drop from 10 to 9%, as a counterpoint to raising taxes. That way we can have a balanced budget. In tourism, I propose a 5% VAT, and the entire tax to be reduced to 18% for all sectors. Former Minister of Economy Nikolay Vassilev said this for “Offensive”.
“There is no law in Bulgaria that obliges the chains to set a specific price. The markup can be 1000% – this is a market economy. Competition between stores leads to a market price. Analysis and information about prices is possible, but control is called communism and we we were running away from there. In Budget 2022, there was almost no capital expenditure, and social ones blew it. In the last 2 years, both highways and road maintenance have boomed,” he stressed.
He called the words of Galab Donev interesting poetry without value. “Trade attachés should not deal with the accounting of supermarkets. Only Hungary has introduced a price ceiling, and there is the highest deficit and the highest inflation. Bulgaria is lagging behind with all the programs and money under PVA,” the economist points out. And he adds that when builders extract more money from the state with a high corruption risk, this is called “monkey practices”.
“Pensions are best to be raised, but with greater economic growth. I am against the increase, which is not covered by budget revenues, but by debts. Last year 10 billion was spent on electricity subsidies. There were no analyzes or long-term policies. We are currently giving BGN 1 billion subsidies per month for electricity and we are like an ostrich with our head buried in the sand. This is a populist practice,” said the minister in the offices of Simeon Sakskoburggotski and Sergey Stanishev.
In his new book, Vassilev recommends a concession on infrastructure. “All highways, the sections Veliko Tarnovo – Ruse, from Mezdra – Vratsa to Vidin, the entire AM “Black Sea” from the Romanian to the Turkish border, the section to Macedonia. Thus, the budget will not give a single lev and all highways will start to be built immediately “Highways, airports, ports, railway facilities and plumbing companies should be concessioned. This way, the state budget will not be interfered with, and private business will invest,” Vassilev believes.
According to him, people who do not want us to enter the eurozone are using delusions to scare people with inflation. “Their bubble for Croatia has burst. There will be no inflation with entry into the Eurozone,” he was categorical.
