Russell Bedford supports World Bank Doing Business for 11th consecutive year
This latest report finds that governments of 115 economies globally implemented 294 reforms to enhance the ease of doing business for domestic, private sector businesses which aids creation of more jobs while increasing commercial activity and incomes.
The report lists New Zealand, Singapore and Hong Kong as the top three economies for ease of doing business, and this year’s top economies where business climates improved the most were Saudi Arabia, Jordan and Togo.
Economies in Europe and Central Asia demonstrated strong momentum to improve their business climates, enacting 56 reforms and leading globally in reforms on paying taxes and enforcing contracts.
In the Middle East and North Africa region reforms have been on a steady rise, recording the most reforms on record to ease of doing business for domestic enterprises, up 14 from the previous year to 57 business regulatory reforms.
Speaking about the report’s findings, World Bank Group President David Malpass said: “Governments can foster market-oriented development and broad-based growth by creating rules that help businesses launch, hire, and expand. Removing barriers facing entrepreneurs generates better jobs, more tax revenues, and higher incomes, all of which are necessary to reduce poverty and raise living standards.”
Stephen Hamlet, CEO, Russell Bedford International, commented: "It is encouraging to see governments continue to strive towards achieving sustainable economic growth through the introduction of reforms that simplify regulations and procedures . For the past 11 years Russell Bedford has continued to contribute to this worthy project which helps to provide businesses with useful information in support of their cross-border investment projects.”
Russell Bedford International
3rd Floor, Paternoster House
65 St Paul's Churchyard
+44 20 7410 0339
About Russell Bedford International
Established in 1983, Russell Bedford International is a global network of independent firms of accountants, auditors, tax advisers and business consultants. Ranked amongst the world’s leading accounting and audit networks, Russell Bedford is represented by some 700 partners, 6500 staff and 350 offices in 100 countries worldwide. Russell Bedford International is a member of the IFAC Forum of Firms and a member of EGIAN, the European Group of International Accounting Networks and Associations.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Russell Bedford supports World Bank Doing Business for 11th consecutive year here
News-ID: 1867418 • Views: 488
More Releases from Russell Bedford International
Russell Bedford appoints leading CPA firm in South Korea
Global professional services network, Russell Bedford International, has announced the appointment of Samhwa Accounting Corporation, leaving Moore Global to become Russell Bedford’s new member firm in South Korea. Established in Seoul in 1997, Samhwa Accounting Corporation expanded via mergers with Cheil Accounting Corporation in 2012 and Daegwang Accounting Corporation in 2013. The firm is now one of the largest firms of accountants and auditors in South Korea. Registered with the Financial
World Bank 2018 Doing Business report cites India as the world's most improved b …
Russell Bedford International member firm the Sharp & Tannan Group has again assisted the World Bank in researching its annual Doing Business project. This year’s report, Doing Business 2018: Reforming to Create Jobs, reveals India to be this year’s best performer, up 30 places in the overall Ease of Doing Business rankings (reaching the top 100 for the first time) and up 53 places in the report’s Paying Taxes survey. Published
Vietnam up a staggering 81 places in this year’s World Bank Paying Taxes surve …
This year’s report, Doing Business 2018: Reforming to Create Jobs, shows Vietnam up 81 places in the report’s Paying Taxes survey, and up 14 places in terms of overall rankings for Ease of Doing Business. Published annually since 2003, the World Bank Doing Business project provides objective measures of business regulations for local firms in 190 economies worldwide. Russell Bedford International member firms have assisted the World Bank in researching its
Ukraine up 42 places in this year’s World Bank Paying Taxes survey
This year’s report, Doing Business 2018: Reforming to Create Jobs, shows Ukraine’s tax regime to be one of the best improved over the past 12 months, with the country rising 42 places, from 84th to 43rd. Published annually since 2003, the World Bank Doing Business project provides objective measures of business regulations for local firms in 190 economies worldwide. Russell Bedford International member firms have assisted the World Bank in researching
More Releases for Bank
Neo and Challenger Bank Market by Type of Bank (Neo Bank and Challenger Bank)
Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed healthy growth rate in terms of customer base over the past few years, and is expected to witness optimistic growth in the near future. Access Full Report: https://www.alliedmarketresearch.com/neo-and-challenger-bank-market The global market is driven by factors such as government regulations, convenience offered to consumers, and low interest rates as compared
India Retail Loan Market 2018 - State Bank of India, ICICI Bank, HDFC Bank, Axis …
The growth in the retail finance disbursement would be largely driven by improving affordability, increasing propensity to consume and the fact that the penetration level of retail finance loans is still low. Retail Loan industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Retail Loan market size to maintain the average annual growth rate of X% from XXXX million $ in 2014
Load banks offer one of the most flexible ways to validate critical power systems and components. Load bank testing of power systems includes validating the operational conditions and output of electrical power systems such as generators, gas turbines, transformers, HVAC systems, UPS, batteries, and relays in various industries like oil and gas, power, healthcare, marine and defense, and telecom. It is also very effective in reducing wet stacking problems, removal
Blood Bank Market 2017
ReportsWeb.com has announced the addition of the “Global Blood Bank Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Blood Bank industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and
Trend survey “Bank & Zukunft”
Latest edition in the survey series reveals trends and developments in the financial sector More than 365 decision-makers from the banking sector took part in the Bank & Zukunft 2014 trend survey. In rating current challenges and developments, their responses reveal that banks are generally optimistic about the future. The biggest challenges remain the difficult interest rate situation and how to implement consistent, customer-oriented service. Once a year as part of the
Kaupthing Bank Luxembourg acquires Robeco Bank Belgium
Reykjavik, Iceland--October 21st 2007--Kaupthing Bank Luxembourg S.A., a subsidiary of Kaupthing Bank hf., has signed an agreement by which Kaupthing Bank Luxembourg S.A. purchases Robeco Bank Belgium. Robeco Bank Belgium is a small Belgian bank that was founded in 2002 and focuses mainly on private banking and asset management. The bank has 32 employees and is based in Brussels and Antwerp. Robeco Bank Belgium has 6,800 clients. At the