Categories: International

Ease of Doing Business report suspended by World Bank

World Bank has stopped the publication of its “Doing Business” report to probe data collection irregularities in the annual ranking of countries’ business and investment climates. According to World Bank “A number of irregularities have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019”.

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World Bank would conduct a systematic review of data changes in the last five Doing Business reports, and independent auditors will probe data collection and review processes. The last Doing Business report was published in October 2019 in which India was ranked 63rd while New Zealand was on top.

Important takeaways for all competitive exams:

President of World Bank: David Malpass.
World Bank Headquarters: Washington D.C., United States.
World Bank Founded: July 1944.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.