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World Bank’s 'Doing Business' Report 2019: Palestine ranks 116th out of 190

Nov. 11, 2018 1:16 P.M. (Updated: Nov. 11, 2018 1:16 P.M.)
BETHLEHEM (Ma'an) -- Palestine was ranked 116 in the World Bank’s “Doing Business Report 2019: Training for Reform” and received a score of 59.1 out of 100 in the Ease of Doing Business score, slightly above the 58.3 regional average score for the Middle East and North Africa.

The World Bank’s annual report, which was published at the end of October, is the 16th edition measuring the regulations affecting 11 areas of a business that enhance business activity and those that constrain it in 190 world economies.

In “Starting a Business,” Palestine was ranked 171 and scored 69.3, below the regional average of 82 and lower than most Arab economies.

In “Dealing with Construction Permits,” Palestine ranked 157 and scored 56.1, while in “Getting Electricity,” it ranked 85 and scored 74.1, in “Registering Property,” ranked 84 and scored 65.

In “Getting Credit,” Palestine ranked 22 and scored 80, in “Protecting Minority Investors,” ranked 161 and scored 38.3, in “Paying Taxes,” Palestine ranked 107 and scored 68.9.

In “Trading across Borders,” it ranked 54 and scored 86.6, in “Enforcing Contracts,” ranked 123 and scored 52.5, and in “Resolving Insolvency,” ranked 168.

In general, Palestine scored lower than Jordan, however, higher than Egypt and Lebanon.

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