With the World Bank gearing up to release its new business environment report to replace the Ease of Doing Business Index, the central government has initiated early preparations to ensure that its efforts in easing business prospects are reflected in the report.
The World Bank defines Business Ready (B-READY) as its new flagship report benchmarking the business environment and investment climate in most economies worldwide.
The report assesses the regulatory framework and public services directed at firms, along with the efficiency with which these elements are combined in practice. The first B-READY report is scheduled for launch on September 25.
According to government