Washington: The World Bank corrected two recent reports ranking nations by ease of doing business, adjusting the scores for China and three other countries based on an internal audit following staffers’ allegations of “undue pressure” by management to alter ratings.
In the 2018 report released in October 2017, China should have been shown dropping seven places to 85th rather than remaining 78th, the lender said in a review released on Wednesday. Corrections to data for the 2020 report, released in October 2019, meant that Saudi Arabia would not have been the top improving economy, while Azerbaijan would have moved up and been one of the top 10 improvers.
The United Arab Emirates’s score for 2020 should have been slightly lower but its ranking would have been unchanged at 16th, according to the review, which didn’t find any specific irregularities with other nations.
Source: The Print
