AN estimated 5,000 burdensome government issuances have been repealed this year as part of the government’s drive to reduce red tape, an official of the National Competitiveness Council said on Thursday.

“For this year, roughly 5,000 issuances already covered by this project [Project Repeal], so by next year maybe a lot more” will be canceled, Guillermo Luz, National Competitivenes Council co-chairman said during Second Repeal Day: Public Reporting on Thursday.

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