[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.
Evacuation of about 70,000 people in Cuba in anticipation of floods
Gaza: Death toll from Israeli aggression leaves 43,259 martyrs
Israeli shelling kills 20 Palestinian civilians in Jabalia and Beit Lahia camps
Israeli aggression on Gaza in one year: 42,438 people martyred, 99,246 others injured
Bulgarian AI Institute, ETH Zurich, and LatticeFlow Unveil Groundbreaking AI Compliance Tool
Gaza: Four civilians martyred, 70 others wounded in Zionist bombing
Sofia Airport Holds Aviation Job Fair
UN Security Council discusses humanitarian situation in Gaza Strip
Israeli aggression on Gaza has left 42,010 martyrs since October 7: Palestinian ministry
Bulgarian army starts replacing Air Defense Systems