The Ministry of Development Strategies and International Trade said yesterday that the Government continued to take the improvement of the climate for business in the country seriously, and was taking concrete steps in relation to this.
Noting that the latest edition of the World Bank’s ‘Doing Business Index’ (DBI) rankings show a one-spot drop in the country’s rankings, Minister Malik Samarawickrama said: “We are very mindful of the need to accelerate our efforts; especially in light of the rapid improvements being made by other countries in this region.”
Under the auspices of the Ministry of Development Strategies and International Trade, business climate reform was being tackled through multiple approaches, he added. The reporting period for the DBI just released ended in April 2017, and was prior to many of these reform initiatives being initiated.
It is expected that the ongoing work outlined below will be reflected favourably in next year’s DBI report.
Following is the statement issued by Minister Samarawickrama.