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Business News of Monday, 14 October 2024

    

Source: Citi News

Ghana strengthens regulatory systems; scores 67% in World Bank B-Ready rankings

Dr. Mohammed Amin Adam, Minister of Finance Dr. Mohammed Amin Adam, Minister of Finance

Ghana has achieved a score of 66.99 percent in the World Bank’s latest Business Climate Rankings (B-Ready), reflecting significant progress in its regulatory framework.

This score highlights the country's efforts to attract investment and improve the ease of doing business.

However, Ghana's performance was mixed in other areas, scoring 54.42 percent in operational efficiency and 47.67 percent in public services.

The report also assessed market dynamics, with scores of 32.19 percent for market competition and 56.78 percent for international trade.

The findings emphasize that a favorable business environment does not require wealth, aiming to promote private investment for economic growth.

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