Zim’s ease of doing business ranking improves

6:28 pm
 rising
Kenyans walking in Nairobi Twitter

6:28 pm rising Kenyans walking in Nairobi Twitter

The reduced cost and time taken to get a power connection in the metro cities of Delhi and Mumbai over the past year is among the main reasons why India gained in the World Bank's latest Ease of Doing Business ranking.

Nigeria was ranked 145 in the 2017 report, however, this year, the country score went up by 1.37.

The measures in the report released yesterday said Nigeria scored 52.89 higher than 51.52 which it scored in the 2017 report as it made improvements in ease of starting a business, getting electricity, trading across borders and enforcing contracts, ranking 146 out of 190 countries.

Board of Investment, being the secretariat of Prime Minister s Steering Committee on Doing Business Reforms, briefed the press on the reforms behind improvements made in Pakistan s ranking and reforms being introduced to improve it further.

The new co-chairs of Pemudah are Finance Minister Lim Guan Eng and Leiking.

The indicator Starting a Business continued to see the most improvements, with 50 reforms this year.

"Jumping to 11th place worldwide and maintaining the first ranking across the Arab countries in Ease of Doing Business Report 2019 is a results of the efforts exerted by the government entities in the UAE and Dubai, in particular", Al Qamzi added.

"The World Bank Group looks forward to working with the government to build on this progress, including through the establishment of the institutional mechanisms to implement and monitor reforms, to facilitate dialogue between the private sector and the government, and to facilitate peer learning from best reformers".

Trump administration invites Putin to Washington for 2019 visit
Speaking during a visit to the ex-Soviet nation of Georgia, he added that no date has been set. "We have invited President Putin to Washington".

"India also invested in port equipment, strengthened management and improved electronic document flow".

The Turkish government implemented seven reforms making it easier to do business, only one short of Azerbaijan's eight - a record number globally and among the 10 top improvers, the report said.

"The five areas that need more improvement are in registering property, starting a business, insolvency and taxation and enforcement of contracts". This two-year jump is the second largest for any country on the index.

"Online single window in Delhi & Mumbai has streamlined the processes".

However, it noted that the Philippines made trading more hard this year. A second study finds that regular training for customs clearance officials and brokers results in lower border and documentary compliance times, easing the movement of goods across borders.

A total of 25 reforms were carried out in Latin America and the Caribbean in the past year.

The report also comes just ahead of tomorrow's tabling of Budget 2019, in which the government is expected to introduce measures to spur greater entrepreneurship among Malaysians. 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.

Recommended News

  • End birthright citizenship for some US-born babies

    End birthright citizenship for some US-born babies

    Napolitano, though, said the only way that birthright citizenship can be altered is through a Constitutional amendment. It is not covered by the 14th Amendment because of the words "subject to the jurisdiction thereof".
    Apple Intros New MacBook Air with Retina Display

    Apple Intros New MacBook Air with Retina Display

    The T2 processor has an audio controller for wide-stereo sound , and an always on processor that allows for "Hey Siri" support. There is also a brand new Force Touch trackpad, giving it 20 percent larger area apart from pressure-sensing capabilities.
    Leader Finau vows to attack in Shanghai

    Leader Finau vows to attack in Shanghai

    Last year, he finished second at the Safeway Open in California to get his season off to a strong start. Americans now have won 41 of the 69 events since the World Golf Championships series began in 1999.
  • Derby County - League Cup - 31 October 2018

    Derby County - League Cup - 31 October 2018

    Jack Marriott equalised for the Championship promotion-chasers, but a Keogh own goal restored Chelsea's lead. Carson saved Morata's header from Willian's corner and Derby had two chances to level in quick succession.
    Aaron Ramsey to leave Arsenal at the end of the season

    Aaron Ramsey to leave Arsenal at the end of the season

    However, he seemed to rule out going to another Premier League club. "But at the moment I can not tell you [about my future] because I don't know".
    Scaramucci Says Trump ‘Intentionally’ Lies To Inflame Opponents

    Scaramucci Says Trump ‘Intentionally’ Lies To Inflame Opponents

    Members of Trump's administration, Republican leaders and his friends in the media never call a spade a spade and a liar a liar. Scaramucci was responding to comments he made on CNN Wednesday where he called the president a liar.
  • Germany's governing parties punished in state election

    Germany's governing parties punished in state election

    Being able to keep Bouffier, a deputy CDU leader, as governor would stabilize Merkel in the short term, he said. When Merkel took office in 2005, her US counterpart was President George W.
    Mike Pompeo, Jim Mattis call for Yemen ceasefire within 30 days

    Mike Pompeo, Jim Mattis call for Yemen ceasefire within 30 days

    Why is there a war in Yemen? Almost 10,000 people have since been killed and the country now stands at the brink of starvation . Critics say coalition bombing is causing an unacceptable number of civilian deaths and fuelling the humanitarian crisis.
    OnePlus 6T India Launch Set for Tonight

    OnePlus 6T India Launch Set for Tonight

    There aren't a lot of new features on the software side of things, barring new camera features and new navigation gestures. The company terms this feature as Screen Unlock and it claims it is the fastest in-screen fingerprint sensor in the world.
  • RBI autonomy essential, says finance ministry amid rift with central bank

    RBI autonomy essential, says finance ministry amid rift with central bank

    Arguing against the Centre's proposal, the RBI had said, "The digital payments have made good and steady progress". As per a report by Economic times, in recent weeks, separate letters have been sent to RBI Governor Urijit Patel.
    Apple's iOS 12.1 will release on October 30th

    Apple's iOS 12.1 will release on October 30th

    Apple has brought Group FaceTime with up to 32 people simultaneously and over 70 new emoji to iPhones and iPads via iOS 12.1. The dual-SIM functionality for iPhone "XR" , "XS" and "XS Max" will go live when the iOS point update sees release.
    To the United States  border moved to the new

    To the United States border moved to the new "caravan" of migrants

    The new group, whose members called themselves a second caravan, gathered on the global bridge leading from Tecun Uman to Mexico. The group of roughly 4,000 people has chose to rest for the day in the town, which itself has a population of only about 7,500.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.