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DR retains Doing Business ranking

The Dominican Republic has not moved up in the country rankings in the Doing Business 2017, Augusto López-Claros, director of Global Indicators Group at the World Bank reports. The DR is ranked 103rd of 189 countries, the same as last year.

Now in its 14th year, the report is the World Bank Group’s flagship publication. The report measures regulations that enhance business activity and those that constrain it in 189 economies.

This year’s ranking includes indicators on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, cross-border trade, enforcing contracts and resolving insolvency.

Data in Doing Business 2017 are current as of 1 June 2016. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.

Source: doingbusiness.org

Oct 28, 2016

Category: DR News |

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Last updated September 24, 2017 at 9:02 PM
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