Malta improves slightly but top rating is for getting development permits
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%.