Introduction

In May 2023, the World Bank unveiled new methodology for assessing the business and investment environment, which was called Business Ready report (B-READY).

B-READY assesses an economy's business environment by the regulatory framework and the provision of related public services directed at firms and markets, as well as the efficiency with which regulatory framework and public services are combined in practice.

It focuses on 10 topics, business entry, business location, utility services, labour, financial services, international trade, taxation, dispute resolution, market competition, and business insolvency.