Poland advances in global Doing Business ranking

The 2017 report, which measures a series of indicators across 190 countries concerning ease of doing business, used data for the period between June 2015 and June 2016.

The World Bank’s representative in Poland, Emilia Skrok, said: “Poland is advancing in the Doing Business rankings thanks to reforms introduced by successive governments.”

Meanwhile, Deputy Development Minister Mariusz Haładyj said that the result “is a signal for investors across the world that it is worth doing business in our country […] every step forward, even by one notch, is very welcome.”

The World Bank cited several improvements made by Poland over the last year which contributed to it advancing one place, including easier access to construction permits and new restructuring mechanisms for firms.

Poland performed exceptionally well in the “trading across borders” category and was ranked first internationally. But in the “ease of starting a business” category it was ranked 107th.

Poland’s success comes in an increasingly competitive environment as the World Bank noted that a record number of economies around the world adopted reforms to facilitate doing business over the last year.

The World Bank's Skrok added: “Advancing in the rankings is ever more difficult, as other countries are also intensifying efforts to help entrepreneurs and facilitate the running of businesses.” (sl/pk)

Source: PAP