2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 41

Improving the Ease of Doing Business
That brings me to the matter of the ease of doing
business in this country. All will know that we have not
fared favourably in the annual country rankings of the ease
of doing business developed by the World Bank. Indeed in
the latest 2018 rankings, which are based on data as of mid-
2017, we placed 119 th out of 190 countries, with our worst
showing in respect of registering property where we actually
placed 167 th , followed by trading across borders with a 157 th
ranking.
Improving the ease of doing business in this country
is, therefore, a core component of our strategy to bolster
Bahamian entrepreneurship, investment and economic
growth. In our Manifesto, we were explicit that we would
progress public sector reform to create an efficient public
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