Ease of doing business Index 2019

India Jumps 23 Places on World Bank’s ‘Ease of Doing Business’ Rankings

"It's critical for governments to accelerate efforts to create the conditions for private enterprise to thrive and communities to prosper".

The government also introduced the reorganisation procedure and improved the continuation of the debtors' business during insolvency (bankruptcy) proceedings for Karachi and Lahore. Enforcing Contracts and Getting Electricity saw milestone reforms, with 49 and 26, respectively.

A regional press release by the World Bank read: "Nigeria carried out four reforms which included making Starting a Business easier in Kano and Lagos, the two cities covered by Doing Business".

Pakistan made three main reforms that helped the country improve its ranking in the SB's global index, which was launched in 2002.

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Secretary of the Department of Industrial Policy and Promotion (DIPP) said that India has been recognised among top 10 improvers for the 2nd consecutive year. As a result, the time for a business to register a property transfer has been reduced to 49 days from 61 days, according to the report.

"The diversity among the top improvers shows that economies of all sizes and income levels, and even those in conflict can advance the business climate for domestic small and medium enterprises".

However, it noted that the Philippines made trading more hard this year.

It presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies. New Zealand, which topped the list, scored 86.59 points. It rose to the 100th spot in the last ranking from 131st rank in the previous year. The organisation factored in the implementation of the Goods and Services Tax while forming this year's index.

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Reports in the Turkish media have said that Mr Khashoggi's body, which has still not been found, was cut up into multiple pieces. Cengiz said she had not been contacted by the crown prince or the Saudi royal family, nor offered any condolences by them.

"The five areas that need more improvement are in registering property, starting a business, insolvency and taxation and enforcement of contracts".

Mauritius joins the group of top 20 economies this year.

Guess what! with this performance, India became South Asia's top-ranked economy, says World Bank. The report notes that India has supported its ambitious reform agenda by providing regular training to both customs officials and private sector agents, as well as by establishing Customs Clearance Facilitation Committees which bring together actors involved in worldwide trade at regular meetings. India is now the region's top-ranked economy. In the 2017 edition of the World Bank report, Nigeria moved 24 places from its 2016 spot of 169 to 145.

The region is expected to experience the highest population growth of any region in the world over the next 30 years, raising concerns that the most populous nations will struggle to feed and employ tens of millions of young workers.

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Wilcox said an investigation would take place and the school would try to improve the situation for the future. Butler High School in Matthews, a suburb southeast of Charlotte, was quickly taken into custody, police said .

"As we go on, we will continue to improve more. As a highly respected institution, the World Bank has a responsibility to ensure that an economy is not unduly disadvantaged and that its report reflect the realities on the ground", the statement added. This is also due to a notable reduction in time and cost to import and export, in terms of documentary and border compliance.

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