The World Bank is upbeat on Zimbabwe’s doing business reforms following major steps that are being undertaken across key productive sectors under the rapid results initiative.
Presentations made by the business community to the World Bank group officials this Friday (today) over developments on doing business reforms have been described as a clear testimony of the nation’s commitment to improve on the overall business rankings.
While progress on issues such as starting a business, construction permits, property registration, getting credit, paying taxes, resolving insolvency were highlighted , World Bank Group technical expert Ms Svetlana Bagaudinova, said the country is on course to achieve positive results.
“The country is on course to improve the performance of businesses and we anticipate a further improvement in the overall performances,” she said.
Last year Zimbabwe moved two places up on the ease of doing business index to 159 from 161.
The improvements came after the country implemented positive reforms in four key indicators to make doing business easier for the investors.