Anti-Red Tape Authority (ARTA) Secretary Ernesto V. Perez recently emphasized the importance of a whole-of-government approach in achieving a more positive outcome for the World Bank Group's (WBG) Business Ready (B-READY) 2025 results.
The WBG B-READY report assesses the business environment in different economies (countries), providing comprehensive data and insights that serve as a reference for improving and developing policies to significantly impact businesses and, subsequently, the economic state of the country.
"This is essential for our country's progress, particularly in light of the 2025 World Bank report, which is now joined with additional economies,” ARTA Secretary Perez said.
"Our President has mandated a more proactive approach to improving the ease of doing business; without everyone's cooperation in answering the WBG's B-READY questionnaire, we cannot truly identify how we can improve in the next few years," he added.
In the WBG B-READY 2024 result, the Philippines was included in the top 40% of the first 50 economies identified in this pilot implementation, which exhibited strong performance but also showed potential for improvement. Exhibited strong performance in Regulatory Framework but requires enhancement in Public Services and Operational Efficiency, meaning more improvements in the implementation of the regulatory reforms.
ARTA is designated by the President as a focal point for the WBG B-READY initiatives in the Philippines and proactively coordinates with government and private sector.
With the designation, ARTA is earnestly coordinating with government agencies and private stakeholders which are highly involved with the topic areas of WBG B-READY to identify and validate information for the 2025 data collection questionnaire. Aside from this, ARTA also conducted a WBG B-READY 2024 result briefing and consultation with private stakeholders on 13 December 2024.
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