View Full Version : Iraq Worsens Its Ranking On World Bank’s Doing Business 2015 Report

12-11-2014, 04:17 PM
Each year the World Bank releases its Doing Business report, which ranks countries from around the world on how easy or hard it is for a small to medium sized company to begin operating. It looks at eleven areas such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulations. The 2015 addition included 189 countries. Iraq has been towards the bottom of these rankings for quite some time given its cumbersome government regulations. In the latest report Iraq even did worse than it did the previous year.

continued (http://musingsoniraq.blogspot.com/2014/12/iraq-worsens-its-ranking-on-world-banks.html)

12-18-2014, 06:04 PM

I had absolutely no idea how bad it was........ I am doing great business with a bank called Al-Warka...ever heard of it?? .....so how this could be?