Bulgaria Consolidates Control of Finance, Customs, Tax Authorities

Finance | August 4, 2010, Wednesday // 18:17|  views

Pictured: Bulgarian Finance Minister Djankov (left) togehter with PM Borisov (right) during Wednesday's regular government sitting. Photo by BGNES

Bulgaria’s Cabinet has approved the merging of the existing inspectorates of the Finance Ministry, the Customs Agency, and the National Revenue Agency.

The decision was adopted during the regular government meeting on Wednesday. With it, the government is aiming at “achieving greater objectivity and impartiality” in the control and supervision of the respective institutions.

The merge is also said to have been designed to avoid repetitive functions and to optimize the staff of the financial, customs and tax inspectors.

At present, the National Revenue Agency, which is in charge of tax collection, has 41 inspectors; the Customs Agency has 21 inspectors at its headquarters and 12 inspectors in the regional directorates; the Finance Ministry has a total of 8 inspectors.

With the merger, the total number of inspectors will be reduced from 82 in the three institutions to 34 in the new Inspectorate.

The Cabinet also approved the optimization of the staff of the Finance Minister setting the number of the institution’s employees at 635.

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Tags: inspectorate, Cabinet, government, Finance Ministry, Customs Agency, National Revenue Agency, NRA, NAP


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