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Is the goal of reducing red tape by 30 percent feasible?

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Is the goal of reducing red tape by 30 percent feasible?

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The Finance Ministry is known as an agency with limitless ‘administrative formalities.’ Ministry officials expressed doubt that they can meet their 30 percent reduction quota, certainly not by phase II deadlines. The ministry is supposed to complete its review of ways to speed up an initial 86 tax and customs procedures and report to the Prime Minister by October 30. Chi, the head of the ministry working group, offered that the top official in each functional area will bear responsibility for the pace and quality of procedural checking. The ministry will track progress in regular meetings. Cuong of the Customs Office said that during the review process, administrative procedures should be streamlined. In terms of number of formalities, it seems that procedures are not reduced but that they are processed more quickly. The Finance Ministry plans to immediately eliminate irregular formalities found during the checking process but this is a difficult job because related circulars and decre

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