Libya 2nd Worst for Doing Business

Libya has been ranked 188th out of 189 countries in the World Bank's recent Doing Business 2015 report.

Top of the list were Singapore, New Zealand and Hong Kong, with Eritrea scoring worst and the Central African Republic coming just ahead of Libya.

The annual World Bank Group flagship Doing Business report analyzes regulations that apply to an economy’s businesses during their life cycle, including start-up and operations, trading across borders, paying taxes, and resolving insolvency.

(Source: World Bank Group)

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