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

Al-Khanbashi Avows Support for Judicial Authority to Protect Public Funds

The Member of the Presidential Leadership Council (PLC), Governor of Hadramout governorate asserted that the Local Authority is determined to provide the Judicial Authority and law enforcement bodies with every necessary support to enable them to do their job efficiently.

Gaza Death Toll Rises to 73,317 as Israeli Assault Continues

The death toll from the Israeli occupation’s ongoing aggression on the Gaza Strip since October 7, 2023, has risen to 73,317, with 173,961 people injured.

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.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/26 Time 02:45:13
Latest News:

Prime Minister Chairs Government Meeting to Review Latest Developments, Response Plans

Yemen’s Ambassador Meets Morocco’s Minister of Solidarity, Social Integration

President al-Alimi Warns Houthis Against Continued Escalation

Al-Aradah Urges Higher Military Readiness to Defend the Republic

UN Chief Voices Concern Over Renewed Houthi Attacks on Commercial Shipping in the Red Sea

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.