Yemen ranked 99 in doing business report 2010
The Source: sabanews.net - 10/09/2008
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Yemen was ranked 99 among 183 world economies included in Doing Business report for 2010 issued Wednesday by International Finance Corporation (IFC) and World Bank on the ease of doing business in 2009.
The report announced that Yemen carried out three reforms during 2008-2009 in fields of starting business within 287 reforms by 20 percent more than the year before.
The reforming countries focused on making it easier to start and operate a business, strengthening property rights and improving the efficiency of commercial dispute resolution and bankruptcy procedures, the reported indicated.Yemen brought the single window system in the operating phase, the report said.The report compares the governmental regulatory measures for doing business during the period from June 2008 to May 2009.The international report track the measures related to starting a business, dealing with construction permits, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts , and closing a business, in terms of applying these measures in the local business institutions.
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