An update on state-of-the-art methods to raise a country's ranking in the Doing Business indicator is provided by the Kosovo Government plan made public earlier this month. The package of measures, influenced by best practice as promoted by the World Bank, includes the simplification of the administrative procedures, the abolition of half of the permits and licenses, the improvement of the legal framework and the creation of a database for legal acts in order to provide transparency and protect investors, the further digitalization of the municipal services, the improvement of inspection capacities and the increased voluntary formalisation of the economic activities (for more see article in Balkan Chronicle 8 May.) These reforms seem necessary, given a recent report of the World Bank which ranks Kosovo in 119th position following an unfortunate recent reform. More information about the business regulatory environment is given on a dedicated website of the Investment Promotion Ageny of Kosovo.
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