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Gov’t to reform customs department

Published:Tuesday | January 27, 2009 | 12:26 PM

The government is moving to reform the operations of the Customs Department as part of its effort to promote investment and to stamp out corruption.



Prime Minister Bruce Golding said the department is to be transformed into an Executive Agency, which he said should reduce the level of restrictions, which governs its operations.



Mr. Golding said there are plans to cut back on the concessions and waivers granted by the Finance Ministry.



According to him, the current system of granting waivers and concessions creates a potential problem for corruption and distorts business.



In this regard he said further measures are being considered to simplify the current system of taxation.