December 07, 2009: Bhutan has performed bleak picture in the doing Ease of Business Report 2010 produced by the World Bank group. This is drop by two places compared to Doing Business 2009.
Bhutan is ranked 126 in the survey of 183 countries to study the environment of ding business. Singapore tops the list while Central African Republic is at the bottom.
Even among the SAARC member countries, Bhutan shows not a good picture. Bhutan is ranked sixth among eight countries, only better than India and Afghanistan. Pakistan tops the list in SAARC while Afghanistan is at the bottom. Maldives, Sri Lanka, Bangladesh and Nepal are in consecutive order of ranks after Pakistan.
During the study period for the report, June 2008 to May 2009, no major reforms have taken place in the country.
The ranking for Bhutan at international and regional level at specific issues is given below:
International
Ease of Doing Business Rank 126
Starting a Business 80
Dealing with Construction Permits 127
Employing Workers 12
Registering Property 42
Getting Credit 177
Protecting Investors 132
Paying Taxes 90
Trading Across Borders 153
Enforcing Contracts 33
Closing a Business 183
Regional
Ease of Doing Business Rank 6
Starting a Business 5
Dealing with Construction Permits 4
Employing Workers 1
Registering Property 2
Getting Credit 8
Protecting Investors 7
Paying Taxes 4
Trading Across Borders 6
Enforcing Contracts 1
Closing a Business 7