In a notable shift from previous expectations, GERB leader Boyko Borisov cast doubt on the feasibility of the planned rotation in Bulgaria's government
Caretaker Government Required State-owned Companies to Pay Dividend
With the changes, the companies, whose majority owner is the state, are now required to pay to the treasury an interim dividend of not less than 50 percent of the profit, according to the 6-month financial report for the first half of 2021.
The deadline for paying the dividend is December 15.
The reason for this change is "because of the need to provide additional revenues in the state budget."
It is also stated that this order is in line with the government's dividend policy. This policy was developed for the needs of the medium-term budget forecast, and with the parameters set in connection with it in the State Budget Act for 2021.
These parameters included planned dividend income within current budget year.
It is reminded that in 2018, with amendments to the Public Offering of Securities Act, public companies were given the opportunity to distribute an interim 6-month dividend.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The current deputy director of the State Agency for Technical Operations, Biser Borisov, is now the head of the Agency.