BTA :: Bulgaria Ranks Among Top Countries in Providing Favourable Environment for Starting Businesses

The World Bank Thursday released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world.

Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business in a country – Regulatory Framework (Pillar l), Public Services (Pillar ll) and Operational Efficiency (Pillar lll).

The level of the three indicators in the individual countries included in the World Bank ranking is reflected on a scale of 100 points. Here, 0 points indicate the lowest level of a given indicator of the conditions for doing business in a country, and 100 points reflect the highest possible level.

The first pillar (Regulatory Framework), covers the rules and regulations that companies have to comply with when doing business. Bulgaria is rated with 76.33 points, which puts the country among the leaders in this indicator, ranking 6th, according to the World Bank report.

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