Better business climate in El Salvador
The Doing Business 2009 report from BM, reports that El Salvador is one countries that has pass the most reforms to facilitate commercial activities.
Thursday, September 11, 2008
In Doing Business 2009, El Salvador is ranked 72, an improvement of five places in comparison to the previous ranking of 77. This report is one of the reference documents for capital investment globally, and is a map of the investment conditions in the various countries.
This report presents the summary Doing Business indicators for Guatemala along with the comparator economies selected. The data used for this country profile come from the Doing Business database and are summarized in graphs and tables. This report allows a comparison of the economies not only with one another but also with the best practice economy for each indicator.
Latin America is barely ahead of Africa in quality standards and conditions affecting local businesses.
In Centralamerica is first El Salvador globally ranked 72, followed by Panamá (82), Nicaragua (107), Guatemala (112), Costa Rica (117), Honduras (133).
Ondine Smulders, senior editor of The Economist, has said that the future economic scenario for El Salvador look gray: a slowdown in growth of up to 2.5% in 2009, due to the possible decline in consumption, exports and remittances.
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