The Anti-Red Tape Authority (ARTA) has partnered with the World Bank Group (WBG) to elevate the Philippines’ ranking within the top 20 percent of the Business Ready (B-READY) report. The report is developed by the WBG, the new corporate flagship publication that assesses the business environment of economies worldwide.
ARTA has been designated by the Office of the President as the Government Focal Point for the B-READY initiative. ARTA will coordinate with government agencies, WBG, and the private sector to implement and integrate recommendations based on the results and assessment.
As part of this initiative, ARTA is holding a series of B-READY Briefings and Private Stakeholder Consultations. Director General Ernesto V. Perez reiterated the crucial role of continuing collaboration between public and private sector stakeholders to act in addressing challenges and driving solutions. He emphasized that creating a conducive business environment is essential to attracting investors to the country.
For more details, download the full report here: https://www.worldbank.org/en/businessready. AOB