Bulgaria ranks among top countries in providing favorable environment for starting businesses

Prime Minister Receives Russian Ambassador

Prime Minister and Foreign Minister Dr. Shaya Zindani received Russian Ambassador to Yemen Evgeny Kudrov on Saturday to discuss bilateral cooperation and opportunities to expand ties between the two countries, particularly in the energy sector, as well as developments at the national, regional, and international levels.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/14 Time 09:25:56
Latest News:

Yemen Wins Governing Board Seat on Pandemic Fund

Yemen Participates in Arab-Greek Health Conference

President al-Alimi Reviews Circumstances of Aden Shooting Incident, Directs Completion of Investigations

Tareq Saleh Meets EU Ambassador

Al-Mahrami Meets EU Ambassadors, Calls for Designating Houthi Militias Terrorist Organization

Bulgaria ranks among top countries in providing favorable environment for starting businesses—WB Report

[05/10/2024 05:45]

SOFIA-SABA
The World Bank (WB) Thursday released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world.

Bulgarian News Agency (BTA) reported that Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business in a country - Regulatory Framework (Pillar I), Public Services (Pillar II) and Operational Efficiency (Pillar III).

In the first pillar, Bulgaria is rated with 76.33 points, which puts the country among the leaders in this indicator, ranking 6th, according to the World Bank report.

In the second pillar, Bulgaria scored 64.03 points on this indicator, which puts it just behind the top 10 countries, ranked 11th.

For the third pillar, Bulgaria scored 70.49 points on this indicator, placing it among the top 8 countries listed.

Bulgaria's economy profile reads that the country "allows business entry for domestic and foreign firms with minimal restrictions, provides transparent information (connection requirements, tariffs, complaint mechanisms,) for water and electricity, and does not have many restrictions on digital trade". Bulgaria scores highest in Business Entry, Utility Services, and International Trade, according to BTA.