Bulgaria ranks among top countries in providing favorable environment for starting businesses

Decree of Chairman of Leadership Council to sack Minister Defense , refer him to retirement

Decree No. (11) of 2026 was issued today, Thursday, by the Chairman of the Presidential Leadership Council, Commander-in-Chief of the Armed Forces.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Turkey's exports to neighboring countries exceed $28 billion in 2025

Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2026/01/09 Time 02:58:52
Latest News:

Al-Mahrami, US Ambassador discuss joint cooperation, partnership

Ambassador Balfagih Discusses Strengthening Bilateral Relations with Indonesian Foreign Minister

Prime Minister Receives Turkish Ambassador

Leadership Council Member Tariq Saleh meets with UN Envoy

Governor of Aden discusses with OCHA ways to enhance humanitarian response

Bulgaria ranks among top countries in providing favorable environment for starting businesses—WB Report

[05/10/2024 05:45]

SOFIA-SABA
The World Bank (WB) Thursday released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world.

Bulgarian News Agency (BTA) reported that Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business in a country - Regulatory Framework (Pillar I), Public Services (Pillar II) and Operational Efficiency (Pillar III).

In the first pillar, Bulgaria is rated with 76.33 points, which puts the country among the leaders in this indicator, ranking 6th, according to the World Bank report.

In the second pillar, Bulgaria scored 64.03 points on this indicator, which puts it just behind the top 10 countries, ranked 11th.

For the third pillar, Bulgaria scored 70.49 points on this indicator, placing it among the top 8 countries listed.

Bulgaria's economy profile reads that the country "allows business entry for domestic and foreign firms with minimal restrictions, provides transparent information (connection requirements, tariffs, complaint mechanisms,) for water and electricity, and does not have many restrictions on digital trade". Bulgaria scores highest in Business Entry, Utility Services, and International Trade, according to BTA.