Business Standard

Tuesday, December 24, 2024 | 04:12 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

World Bank suspends ease of doing biz report over 'data irregularities'

The WB said in a statement that it would conduct a systematic review of data changes in the last five Doing Business reports, and independent auditors will probe data collection and review processes.

world bank
Premium

The World Bank said on Thursday there were “a number of irregularities” reported regarding data changes to the reports published in 2017 and 2019, but did not identify them

David Lawder | Reuters Washington
The World Bank said on Thursday it was pausing publication of its “Doing Business” report to probe data collection irregularities in the closely watched annual ranking of countries’ business and investment climates.

The World Bank said in a statement that it would conduct a systematic review of data changes in the last five Doing Business reports, and independent auditors will probe data collection and review processes.
 
“The publication of the Doing Business report will be paused as we conduct our assessment,” the bank said.
 
The Doing Business report has long been controversial because it ranks countries based on indicators of how

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in