The Finance and Trade departments are demanding the World Bank to revise the Philippines’ ranking in its 2019 Ease of Doing Business (EoDB) report, which saw it fall 11 places from 113th to 124th out of 190 economies.
“We demand that the World Bank review the Philippines’ rating, and make a correction immediately, given our country’s increases in the EoDB scores, which was, unfortunately, offset by the grossly inaccurate and understated findings in the getting-credit indicator of the report,” the department of Finance (DoF) and Trade and
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