Business News of Thursday, 2 November 2017Source: citifmonline.comGhana drops to 120th position in ease of doing businessGhana Investment Promotion Centre (GIPC)Ghana has dropped twelve points in the World Bank’s latest ease of doing business rankings. According to the latest report, Ghana ranked 120th, down from the 108th position last year. The ease of doing business report surveyed 190 economies across the globe. In addition, domestic importers in Ghana spend as much as 480 dollars in transport while their counterparts in Cote d’Ivoire spend 206 dollars on transport. GIPC reacts to ease of doing business reportIn reaction to the latest ranking, the Ghana Investment Promotion Centre (GIPC) has stressed the need to facilitate the implementation of the new set of reforms currently being undertaken by government.

Source: GhanaWeb November 02, 2017 16:41 UTC