Mozambique is the second best Portuguese-speaking country in which to do business

19 July 2011

Maputo, Mozambique, 19 July – Mozambique is the second best Portuguese-speaking country in which to do business, according to the 2011 Doing Business survey, a report that ranks the best countries in the world in which to do business.

The survey, which ranked 183 countries, points to Portugal (31st place) as being the best Portuguese-speaking country for business, followed by Mozambique (126th), Brazil (127th, Cape Verde (132nd), Angola (163rd), East Timor (174th) , Guinea Bissau (176th) and Sao Tome and Principe (178th).

Against the previous year, when it was placed 130th, Mozambique rose four places in the ranking. Brazil this year fell three places and was thus overtaken by Mozambique.

The survey, which was carried out by the World Bank and the International Finance Corporation (IFC) was published in “Doing Business 2011 – Making a Difference for Entrepreneurs” and Singapore was considered to be the best country in the world for business, and Chad the worst.

This is the eighth Doing Business report that has been published each year by the World Bank and the IFC. According to their authors, the reports have led to improved business climates in many of the countries surveyed, as they encourage the introduction of economic reforms. (macauhub)

MACAUHUB FRENCH