Chairman of National Assembly Budget Committee calls for revision of concession fees

Chairman of National Assembly Budget Committee calls for revision of concession fees

Bulgaria should revise its concession contracts, the Chairman of the National Assembly Budget Committee Lubomir Karimanski from “There is Such a People” party said for the BNR. According to MP Karimanski, in the past year the Canadian company Dundee Precious Metals has extracted and exported raw material containing 12,200 kilograms of gold to the tune of more than EUR 600 million and paid 1% of this amount as a concession fee.

Bulgaria’s caretaker Minister of Finance Asen Vasilev already said that concession fees could change, because in his words, “Bulgaria collects only around EUR 50 million from concessions on an annual basis, which is not normal”.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.