2011News

DR slides in Doing Business report

The DR has been ranked 108th in Ease of Doing Business on a list of 183 economies that were measured for the Doing Business 2012: Doing Business in a More Transparent World. The report assesses regulations affecting domestic firms in 183 economies and ranks the economies in 10 areas of business regulation such as starting a business, resolving insolvency and trading across borders.

The DR ranked 140th in Starting a business, 105th in dealing with construction permits, 123 in getting electricity, 105th in registering property, 78th in getting credit, 65th in protecting investors, 94th in paying taxes, 45th in trading across borders, 83rd in enforcing contracts and 154th in resolving insolvency.

The Dominican Republic was in 91st place in the 2011 report.

www.doingbusiness.org