Doing Business: “The report’s discontinuation won’t have any impact on the reforms’ dynamic,” Sandra Johnson says

Economic governance
Wednesday, 29 September 2021 13:37
Doing Business: “The report’s discontinuation won’t have any impact on the reforms’ dynamic,” Sandra Johnson says

(Togo First) - Togo will keep introducing business-friendly reforms regardless of the discontinuation of the World Bank’s Doing Business report. Sandra Ablamba Johnson, minister secretary-general in charge of business climate, made the statement on Sept. 28 in an interview.

“The report’s discontinuation won’t have any impact on the reforms’ dynamic,” she said. Johnson explained further saying the reforms, which are aimed at attracting investments in the country, were not solely implemented for the sake of the Doing Business. They were driven by “the leadership of the Head of State who always wanted to make Togo a safe place for investments.”

The Doing Business, she continued, “is an encouraging tool, not a coercive one.” “Our efforts to improve the business climate are aimed at improving the living standards of the Togolese people; they don’t target rankings or observers.” 

As a reminder, driven by several reforms, Togo gained 40 points in the 2020 DB report. It was ranked 97th in the report, the best reformer in Africa, and the 3rd best in the world.

The Doing Business was a report that assessed the ease of doing business in various countries. It was canceled on September 17, 2021, due to many irregularities found in the 2018 and 2020 editions. Togo was not affected by the findings, according to the World Bank.

Esaïe Edoh

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