K. Male' | Rushdha Rasheed | 06-November-2017 | Monday 15:02 | rushdhar | Business | 1,742
Maldives has dipped in ranks in World Bank’s Ease of Doing Business Index (DBI 2018), signaling dipping investor confidence.
Maldives, this year, placed 136th in the global rankings. Last year Maldives ranked 135th, while in 2015 the nation ranked 129th.
In determining ease of doing business, World Bank will look at key indicators such as registering, compliance, taxation, obtaining loan and similar factors such as administrative procedures. It also looks at legal measures, such a protection and settlements.
Ease of Doing Business Index is one of most comprehensive studies done by World Bank.
Maldives in DBI over the years;
Ministry of Economic Development has attributed delay in sending statistics to World Bank as a core reason for the dip in ranks.
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