The government has set April as the deadline for the completion of the 2019 Ease of Doing Business in Zimbabwe Reforms Project.
The 2019 Ease of Doing Business Project is aimed at ensuring that investment promotion and economic development targets set in the Transitional Stabilisation Programme are achieved by focusing on a favourable climate for companies to operate in line with Vision 2030 for an upper middle- income economy.
The Deputy Chief Secretary to the President and Cabinet Dr Ray Ndhlukula said technical teams are already working on proposals to ensure removal of challenges in setting up companies with deadline for finalisation of the project being on April 29 this year.
“It is an issue that is under the spotlight and we anticipate finalisation by April,” said Dr Ndhlukula.
While questions are being raised over the World Bank Ease of Doing Business Rankings on Zimbabwe, the multilateral institution’s senior private sector specialist Mr Kobina Daniel justified the rankings saying they are done in a transparent manner.
“We are independent we do not interfere in the rankings so I do not know more about the queries,” said Mr Daniel.
Zimbabwe however, continues to improve on the rankings.
In 2015, the country was ranked at 171 out of 189 countries, in 2016 it shifted to number 161 out of 190 countries.
In 2017, it improved by two points to 159 out of 190 countries and last year, the country further improved by four points to 155 out of 190 countries.