Malta im­proves slightly but top rat­ing is for get­ting de­vel­op­ment per­mits

The Malta Business Weekly - - NEWS -

The World Bank’s Ease of Do­ing Busi­ness rat­ings, pub­lished yes­ter­day, states that Malta has im­proved its stand­ings slightly, to the 84th place but a closer read­ing of the var­i­ous sec­tions makes for quite un­pleas­ant read­ing.

Malta’s best rank­ing is en­forc­ing con­tracts where Malta comes in at 39th place while its sec­ond best rank­ing is in deal­ing with con­struc­tion per­mits, where Malta is placed in the 45th place, an im­prove­ment of 0.89%.

But then Malta ranks at 134th place at get­ting credit, even if this is a 5% im­prove­ment on last year’s rank­ing.

And Malta ranks at 151st place for reg­is­ter­ing prop­erty and 103rd place for start­ing a busi­ness. Malta is then clas­si­fied at 121st place for re­solv­ing in­sol­vency.

In most of the sub-sec­tions, Malta reg­is­ters an im­prove­ment, even if at times a slight im­prove­ment. But in one sec­tor, get­ting elec­tric­ity, Malta reg­is­ters a de­te­ri­o­ra­tion of 3.10%.

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