Guyana continues to slide in the world rankings for the ease of doing business, falling five places to 137 in the latest listing of 189 countries.
According to the World Bank’s ‘Doing Business 2016: Measuring Regulatory Quality and Efficiency’ report, Guyana is ranked at 137, having been ranked at 132 last year. Last year’s ranking of 123 was adjusted to 132 based on data corrections.
The World Bank’s ‘Doing Business’ reports sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the
