{"id":232149,"date":"2024-10-14T13:16:54","date_gmt":"2024-10-14T13:16:54","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/14\/ghana-strengthens-regulatory-systems-scores-67-in-world-bank-b-ready-rankings\/"},"modified":"2024-10-14T13:16:54","modified_gmt":"2024-10-14T13:16:54","slug":"ghana-strengthens-regulatory-systems-scores-67-in-world-bank-b-ready-rankings","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/14\/ghana-strengthens-regulatory-systems-scores-67-in-world-bank-b-ready-rankings\/","title":{"rendered":"Ghana strengthens regulatory systems; scores 67% in World Bank B-Ready rankings"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ghana has made notable progress in improving its regulatory framework, achieving a 66.99 percent score in the World Bank\u2019s latest Business Climate Rankings (B-Ready), released in October.<\/p>\n<p>This advancement represents a key milestone in the country\u2019s ongoing efforts to attract investment and enhance the ease of doing business.<\/p>\n<p>The B-Ready report evaluates the business climate across three major pillars\u2014regulatory framework, public services, and operational efficiency.<\/p>\n<p>While Ghana excelled in the regulatory framework pillar with a 66.99 percent score, it showed mixed performance in other areas.<\/p>\n<p>The country scored lower in operational efficiency at 54.42 percent and even further behind in public services, with a score of 47.67 percent.<\/p>\n<p>The report, which often correlates with GDP per capita, also assessed Ghana\u2019s broader market dynamics. In terms of market competition, Ghana scored 32.19 percent, and for international trade, the country earned 56.78 percent.<\/p>\n<p>On business entry, Ghana achieved 40.99 percent, while utility services were a bright spot, scoring 68.52 percent.<\/p>\n<p>Importantly, the report stressed that economies do not need to be wealthy to create a favourable business environment.<\/p>\n<p>Covering 50 economies globally, this inaugural report aligns with the World Bank\u2019s goal of promoting private investment to drive economic growth.<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU:\u00a0https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ghana has made notable progress in improving its regulatory framework, achieving a 66.99 percent score in the World Bank\u2019s latest Business Climate Rankings (B-Ready), released in October. This advancement represents a key milestone in the country\u2019s ongoing efforts to attract investment and enhance the ease of doing business. The B-Ready report evaluates the business climate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":198907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-232149","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana strengthens regulatory systems; scores 67% in World Bank B-Ready rankings - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/14\/ghana-strengthens-regulatory-systems-scores-67-in-world-bank-b-ready-rankings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana strengthens regulatory systems; scores 67% in World Bank B-Ready rankings - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Ghana has made notable progress in improving its regulatory framework, achieving a 66.99 percent score in the World Bank\u2019s latest Business Climate Rankings (B-Ready), released in October. This advancement represents a key milestone in the country\u2019s ongoing efforts to attract investment and enhance the ease of doing business. 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