The business environment improved in Hungary
According to the latest Doing Business report of the World Bank has showed Hungary stepped forward nine places to 41., but still finished behind Estonia, Latvia, Lithuania and Slovakia.
While Eastern Europe and Central Asia
led in the share of economies with at least one reform, East Asia and
Pacific achieved the biggest pickup in the pace of reforms, the World
Bank said. Two-thirds of its economies reformed, compared to less
than half last year. The Middle East and North Africa, Sub-Saharan
Africa, and Latin America and Caribbean also all saw a larger share
of economies implementing at least one reform.
Doing Business
presents quantitative indicators on business regulations and the
protection of property rights that can be compared across 181
economies, from Afghanistan to Zimbabwe, over time.
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