DOF: MSME reform to improve Phl rating.
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Title
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DOF: MSME reform to improve Phl rating.
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Source
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The Freeman
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Date
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October 25, 2019
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Subject
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Finance
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Business
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Economic Conditions
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list of authors
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JOB
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Annotation
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The Philippines is included in the list of 42 economies that improved its Ease of Doing Business (EODB) score, it was able to implement regulatory reforms in 3 or more of the 10 indicators included in this year’s aggregate EODB score 2020 report. Philippines got an EODB score of 62.8 in the 2020 report, an improvement over its grade in the previous year of 57.68. Finance Secretary Carlos Dominguez III said that the Philippines will even do better in the next year’s ranking in the World Bank ‘Doing Business’ report with the anticipated full implementation of the new law expanding access to micro, small and medium enterprises (MSMEs) to lending facilities.
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Bibliographic Citation
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JOB. (October 25, 2019). DOF: MSME reform to improve Phl rating. The Freeman.