Bulgaria’s Govt Tasks Working Group with Drafting Anti-Red Tape Measures by JanuaryBusiness | August 5, 2015, Wednesday // 13:18| views
Bulgaria's Council of Ministers building, photo by BGNES
Bulgaria’s government has tasked a working group with proposing legislative and administrative solutions to 10 administrative barriers to investment by January.
The obstacles, as cited by the press office of the government, include:
- Connection to the technical infrastructure networks (electricity, gas, water), including deadlines for the steps, number of procedures, and expenses;
- Construction permits – number of procedures and deadlines for their completion;
- Uncoordinated administrative procedures related to the implementation of investment intentions and delay of services provided by the central and local administration;
- Frequent legislative changes;
- Lack of road infrastructure or dilapidated existing road infrastructure;
- Lack of specialists in high-demand areas and poor quality of vocational education;
- Corruption and lack of an independent judiciary;
- Low efficiency of the dispute settlement legal framework;
- Administrative procedures related to international trade and associated costs in export and import
- Tax payment time frames.
The analysis of the problems is part of the European Commission's Investment Plan for Europe, which is a key element of the overall strategy of the EU for encouraging employment, economic growth, and investment.
As regards previous attempts of Bulgaria’s government to reduce the administrative burden, two anti-red tape action plans have been 20% completed since 2010, according to reports of dnevnik.bg.
In March 2015, the Bulgarian government announced that the simplification of existing regulations adopted since 2012 had allowed businesses to save a total of BGN 238.5 M a year.
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