Taxes Will Be Reduced in the Next Years.

20.11.2000

Taxes in Bulgaria will not grow further, they will be cut in the coming years, Deputy Finance Minister Nikolai Georgiev said in an interview Saturday. Tax compliance has increased by 8% from 1999, reaching 77% of the possible maximum, thanks to the fight against the grey economy, according to Georgiev. The financing of the budget will come from the proceeds from privatization, internal and external financing, Georgiev said