Luanda – Angola is one of the 40 chosen countries by the World Bank (WB) to be part of the favourable environment ranking for doing business (Business Enabling Environment, BEE).
According to what ANGOP has learnt through a publication on the website of the Ministry of Economy and Planning, the choice fell on Angola due to the set of reforms implemented in the last five years.
The ministerial department’s website says that the BEE is a report that will make a quantitative assessment on the business environment for the development of the private sector, focused within the regulatory framework and in the provision of public services aimed at companies, workers and markets.
The publication in the website also states that in the last five years, the Angolan Government implemented a set of reforms in 10 areas which comprise the life cycle of a company.
The selection of Angola for the first BEE report is seen as recognition of the reform drive of the Angolan government over the past five years.
The World Bank has not published reports on the business environment since 2019.
