World Bank discontinues Doing Business report after ethics review

The World Bank will work on anew approach to assessing countries’ business and investment climates.

A man walks in front of the World Bank Building in Washington D.C. File

The World Bank Group said on September 16 it has decided to discontinue publication of its ‘Doing Business” rankings of country business climates after a review of data irregularities in the 2018 and 2020 reports.

Comment | A development that will hardly put India at ease

In a statement, the World Bank said that after the irregularities raised ethical matters involving former bank staff and board officials, the development lender will work on anew approach to assessing countries' business and investment climates.