Lebanon's effort to improve the business climate has not been serious lately, according to the 'Doing Business 2016' report issued by the World Bank Group, which ranked it 123 out of 189 among countries, in terms of ease of doing business.
The country had a score of 56.39 out of 100 in the 2016 ranking compared to 56.50 in 2015. The report noted the absence of any reforms for the two consecutive years.
"The political process is in deep paralysis, which has been hampering reforms," ...
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