Sri Lanka slips in World Bank’s “Ease of Doing Business report for 2017”

Sri Lanka slips in World Bank’s “Ease of Doing Business report for 2017”

Sri Lanka slips in World Bank’s “Ease of Doing Business report for 2017”

Written by Staff Writer

27 Oct, 2016 | 7:36 am

According to the World Bank’s “Ease of Doing Business report for 2017” , Sri Lanka has slipped to the 110th position from the current 109th rank.

The World Bank said progress made in reforms relating to starting a business and protecting minority investors were not enough to stop a decline in Sri Lanka’s overall ranking.

However, Sri Lanka has implemented the highest number of Doing Business Reforms in the region, followed by India.

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