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Burundi tops business 2015 survey

Published on April 13, 2015

In the latest World Bank Group Doing Business survey, Burundi was ranked 150th out of 189 economies evaluated but took the first place in sub-Saharan Africa for the ease in starting a business.

The country is also ranked fourth for the transfer of ownership indicator and 11th the protection of minority investors in the Africa region.

The Burundi Second Vice-President of the Republic, Eng. Dr. Gervais Rufyikiri, last week asked officials involved in the implementation of Doing Business reforms to work harder and make the impact of the reforms more visible.

He was speaking  at the preliminary report on Doing Business reforms in 2016 for Burundi which will be sent to the World Bank by May 31st, 2015 for evaluation.

In his address, the Second Vice-President said since 2010, several reforms have been undertaken and implemented. 

He said progress has been made in stimulating the entrepreneurial skills and initiation of investments.

There had also been a gradual conversion of the informal economy into a more formal structure.

Other factors are the promotion of tax compliance, the fight against corruption and related offenses. However the creation of jobs remains a high priority of the government. Read more. Source|East Africa Business Week