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World Bank says Cameroon is dwindling

Cameroon’s performance, on the World Bank Doing Business ranking is dwindling, despite efforts by government to improve the business climate. According to the 2016 World Bank Doing Business Report, after a survey carried out in 189 economies, Cameroon is ranked 172th in 2016 as against 168th in 2015, thus dropping by four places.

The drop by Cameroon, going by World Bank indicators, is blamed on the lack of business-friendly reforms. The Doing Business fact sheet indicates that Cameroon was able to put in place two reforms in 2015 and none in 2016 in its efforts to improve its business climate.

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .

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