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70-80% of of agency's revenue comes from fuels, metals, ores, and industrial goods, which are the most severe affected by the crisis. Photo by money.bg
The Bulgaria's National Customs Agency revenue has decreased by BGN 130-140 M monthly over the global financial crisis.
That was announced Friday by Agency's Deputy Director, Krasimir Nikolov, the Pari Daily announced.
Value Added Tax (VAT) income have fallen by 30%. 70-80% of of agency's revenue comes from fuels, metals, ores, and industrial goods, which are the most severe affected by the crisis, Nikolov explained.
Despite the difficulties, Nikolov assured that the agency will fulfill it plan for BGN 9 B revenue.
Representatives of the hotel and restaurant sector in Bulgaria are calling for a reduced VAT rate of 9%, arguing that rising fuel prices are putting serious pressure on their businesses.
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