The World Bank Group on Thursday said it has discontinued the publishing of its Doing Business report after 18 years – the first edition was published in 2003.
The global lender noted that “trust in the research of the World Bank Group is vital” in continuing the issuance of the report. World Bank Group said it is aware that the research informs the actions of policymakers, helps countries make better-informed decisions, and allows countries and private stakeholders – civil society, academia, journalists, and others to measure economic and social improvements more accurately.
Going forward, the World Bank Group said it will be working on a new approach to assessing the business and investment climate.
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