Categories: BusinessFeaturedNews

World Bank Group to Discontinue Doing Business Report

WASHINGTON, September 16, 2021—The World Bank Group today issued the following statement on the Doing Business report: 

“Trust in the research of the World Bank Group is vital. World Bank Group research informs the actions of policymakers, helps countries make better-informed decisions, and allows stakeholders to measure economic and social improvements more accurately. Such research has also been a valuable tool for the private sector, civil society, academia, journalists, and others, broadening understanding of global issues.

After data irregularities on Doing Business 2018 and 2020 were reported internally in June 2020, World Bank management paused the next Doing Business report and initiated a series of reviews and audits of the report and its methodology. In addition, because the internal reports raised ethical matters, including the conduct of former Board officials as well as current and/or former Bank staff, management reported the allegations to the Bank’s appropriate internal accountability mechanisms.  

After reviewing all the information available to date on Doing Business, including the findings of past reviews, audits, and the report the Bank released today on behalf of the Board of Executive Directors, World Bank Group management has taken the decision to discontinue the Doing Business report. The World Bank Group remains firmly committed to advancing the role of the private sector in development and providing support to governments to design the regulatory environment that supports this. Going forward, we will be working on a new approach to assessing the business and investment climate. We are deeply grateful to the efforts of the many staff members who have worked diligently to advance the business climate agenda, and we look forward to harnessing their energies and abilities in new ways.”


This blog post is part of a series by the World bank.

Global Business Magazine

Recent Posts

Dubai real estate rentals maintain record pace

Dubai South tops of off-plan sales rankings for eighth month in a row Dubai, UAE,…

2 days ago

IMF staff reach agreement with The Gambia on sixth review of credit programme

Completion of the reviews would unlock about $28 million in new financing, with growth projected…

7 days ago

FIA President Mohammed Ben Sulayem heralds major investment in race management as important milestone in Formula One evolution

New multi-million-pound FIA Remote Operations Centre underlines FIA commitment to delivering highest standards of safety,…

1 week ago

FIA President Mohammed Ben Sulayem says Middle East Motorsport Volunteers, Officials are among world’s best

They are ‘the lifeblood of our sport, and without their dedication, professionalism and passion, there…

1 week ago

IMF announces departure of deputy managing director Bo Li, proposes China’s Min Liao as successor

Li will leave on November 30 at the end of his term; Liao, currently China’s…

1 week ago

Huawei and HIPA take UAE-wide photography project to Ras Al Khaimah

The “The UAE. A Closer Look” initiative sent photographers to capture an emirate that is…

1 week ago