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Iraq Scores Poorly on “Best Countries for Business” Index
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Iraq Scores Poorly on “Best Countries for Business” Index
http://www.iraq-businessnews.com/2018/12/23/iraq-scores-poorly-on-best-countries-for-business-index/
Iraq Scores Poorly on “Best Countries for Business” Index
23rd December 2018 in Iraq Industry & Trade News
Iraq Scores Poorly on “Best Countries for Business” Index
23rd December 2018 in Iraq Industry & Trade News
By John Lee.
Iraq has been ranked in 130th place in the Forbes Best Countries for Business index, out of the 161 countries measured.
The index gauges the Best Countries for Business by rating nations on 15 different factors, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor protection. Other metrics included were workforce, infrastructure, market size, quality of life and risk.
The top three positions were taken by the United Kingdom, Sweden and Hong Kong, while the Central African Republic, the Republic of Congo and Guinea-Bissau were at the bottom of the list. Libya was ranked in 152nd place.
According to the report:
“Overregulation has made it difficult for Iraqi citizens and foreign investors to start new businesses. Corruption and lack of economic reforms – such as restructuring banks and developing the private sector – have inhibited the growth of the private sector.”
More on Iraq’s ranking here.
https://www.forbes.com/places/iraq/
(Source: Forbes)
Iraq has been ranked in 130th place in the Forbes Best Countries for Business index, out of the 161 countries measured.
The index gauges the Best Countries for Business by rating nations on 15 different factors, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor protection. Other metrics included were workforce, infrastructure, market size, quality of life and risk.
The top three positions were taken by the United Kingdom, Sweden and Hong Kong, while the Central African Republic, the Republic of Congo and Guinea-Bissau were at the bottom of the list. Libya was ranked in 152nd place.
According to the report:
“Overregulation has made it difficult for Iraqi citizens and foreign investors to start new businesses. Corruption and lack of economic reforms – such as restructuring banks and developing the private sector – have inhibited the growth of the private sector.”
More on Iraq’s ranking here.
https://www.forbes.com/places/iraq/
(Source: Forbes)
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claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Re: Iraq Scores Poorly on “Best Countries for Business” Index
thanks for bringing this article over. there is another part of this with more detail that shows how screwed up iraq is but I have no clue how to bring it over. thanks again maybe some dreamers will really see how iraq is and not the bs of the gurus
Jayzze- VIP Member
- Posts : 5986
Join date : 2011-06-23
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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