One-Third of Bulgaria's Economy is in the Gray Sector, Says GERB Minister
Government
Deputy Prime Minister and Minister of Innovation and Growth from GERB, Tomislav Donchev , stated that Bulgaria is seeking reserves and preparing to make cuts to the 2025 Budget. He shared these details during a visit to Plovdiv, emphasizing that the government will not raise taxes but will focus on identifying areas for revenue growth. One of the key issues highlighted by Donchev is the ongoing battle against the gray economy , which he described as constituting one-third of Bulgaria ’s economy.
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