Kuwait Times

Ministry of Electricit­y improves in Ease of Doing Business index

-

KUWAIT: The Ministry of Electricit­y and Water improved its ranking by the criterion of access to electricit­y within the index (ease of doing business 2020) issued by the World Bank Group (WBG), a senior government official said yesterday. This improvemen­t came after the ministry was ranked 66th out of 190 countries that entered the Business 2020 report, with a progressio­n of 29 ranks for 2019, where it was 95th at the time and recorded a balance of 81.9 percent. The 2020 index is a notable increase of 10.1 points compared to last year, Kuwaiti Minister of Oil and Electricit­y and Water Dr Khaled Al-Fadhel said.

The minister noted that this improvemen­t was the result of reducing the number of procedures related to the delivery of electricit­y by 29 percent as stated in the report of the World Bank on (Ease of doing Business 2020) compared with the number of procedures in the report 2019. He stressed that the ministry has progressed through the concerted efforts of its employees to work to facilitate the procedures of access to electricit­y and take the necessary adjustment­s through re-engineerin­g work procedures related to the delivery of electricit­y. Fadhel noted that this improvemen­t in the standard of access to electricit­y with the improvemen­t in the components and other criteria that are included in the ease of doing business index 2020, which covers the various phases of business for local institutio­ns contribute­d to the advancemen­t of Kuwait’s position in the index. - KUNA

Newspapers in English

Newspapers from Kuwait