World Bank Group to Discontinue Doing Business Report


Thursday, September 16, 2021 / 06:09 PM / by World Bank Group / Header Image Credit: World Bank Group


The World Bank Group today issued the following statement on the Doing Business report:

"Trust in the research of the World Bank Group is vital. World Bank Group research informs the actions of policymakers, helps countries make better-informed decisions, and allows stakeholders to measure economic and social improvements more accurately. Such research has also been a valuable tool for the private sector, civil society, academia, journalists, and others, broadening understanding of global issues.

After data irregularities on Doing Business 2018 and 2020 were reported internally in June 2020, World Bank management paused the next Doing Business report and initiated a series of reviews and audits of the report and its methodology. In addition, because the internal reports raised ethical matters, including the conduct of former Board officials as well as current and/or former Bank staff, management reported the allegations to the Bank's appropriate internal accountability mechanisms.

After reviewing all the information available to date on Doing Business, including the findings of past reviews, audits, and the report the Bank released today on behalf of the Board of Executive Directors, World Bank Group management has taken the decision to discontinue the Doing Business report. The World Bank Group remains firmly committed to advancing the role of the private sector in development and providing support to governments to design the regulatory environment that supports this. Going forward, we will be working on a new approach to assessing the business and investment climate. We are deeply grateful to the efforts of the many staff members who have worked diligently to advance the business climate agenda, and we look forward to harnessing their energies and abilities in new ways".

Proshare Nigeria Pvt. Ltd.

Related News

  1. Nigeria Moves Up 15 Places To 131 In World Bank Doing Business Ranking For 2020
  2. World Bank Doing Business 2020 Report: Tackling Burdensome Regulation
  3. Doing Business 2020 Rankings: Nigeria Named One of The Top 20 Improvers
  4. PEBEC Commences Fourth 60-Day National Action Plan (NAP 4.0) on Ease of Doing Business
  5. Nigeria Drops 1 Place to Rank 146 Out of 190 Countries in 2019 World Bank Doing Business Report
  6. 2018 Sub-National Doing Business Report: Kaduna Is The Easiest Place to Enforce A Contract
  7. Nigeria gains Momentum on Ease of Doing Business
  8. Ease of Doing Business Report: Nigeria's Policy Reforms Bearing Fruit!
  9. Nigeria Up 24 places To 2013 Levels In World Bank Doing Business Report
  10. Inadequate Infrastructure, FX Regulations Are Problematic Factors for Doing Business in Nigeria

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News