On 30th March 2017, a new law to streamline inspections by government entities for businesses was introduced. This ensure a reduction in the loss of productivity, less bureaucracy and less administrative costs for businesses.
A new coordinating office will be set up and tasked with streamlining the inspection processes carried out by the 24 inspectorates that presently keep a sharp on eye on the country’s businesses. The fragmented process at present is calculated to take up over 300,000 of business owners’ valuable hours per year.
The coordinating office will be established under the Permanent Secretariat for Strategy and Implementation within the Office of the Prime Minister and will be headed my Ms Joanne Farrugia.
In its Budget Proposal documents, the Malta Chamber of Commerce, Enterprise and Industry consistently urges government to further its efforts to reduce bureaucracy, costs and administrative burdens in order to ensure a more competitive private sector.