Zangrillo: Cutting red tape would free up resources for investments
December 13, 2024 – Minister of Public Administration Paolo Zangrillo believes that streamlining bureaucracy could help Italy free up resources for investments.
In an article published in today’s newspaper Il Sole 24 Ore, Zangrillo argues that the country’s complex and inefficient bureaucracy is a major obstacle to economic growth. He points to a recent study by the World Bank which found that Italy has one of the most bureaucratic systems in the OECD, with businesses spending an average of 1,500 hours per year complying with regulations.
Zangrillo says that this red tape is a “suffocating blanket” for businesses, and that it is costing the country billions of euros in lost investment. He argues that the government needs to take urgent action to simplify the system and make it more efficient.
The minister proposes a number of measures to achieve this, including:
- Digitizing public administration processes
- Reducing the number of permits and licenses required for businesses
- Streamlining the tax system
- Making it easier for businesses to hire and fire workers
Zangrillo says that these measures would not only reduce the burden on businesses, but would also help to create a more competitive and dynamic economy. He argues that the government should make cutting red tape a top priority, and that it should set a target of reducing the number of hours businesses spend complying with regulations by 50% within the next five years.
Zangrillo’s proposals have been welcomed by business leaders, who have long complained about the excessive bureaucracy in Italy. However, some critics argue that the minister’s plans do not go far enough, and that more radical reforms are needed to truly overhaul the system.
It remains to be seen whether Zangrillo will be able to overcome the resistance of vested interests and implement his reforms. However, his proposals have at least sparked a debate about the need to simplify Italy’s bureaucracy, and this is a welcome step in the right direction.
Zangrillo, con burocrazia più semplice recuperiamo risorse per investimenti
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