Ghana performed creditably in areas such as labour, utility services and business insolvency in 2024, the latest World Bank Group Business Ready Report 2024 has revealed.
The flagship report of the World Bank Group and the International Finance Corporation (IFC) said the country implemented good practices in its labour dispute resolution mechanisms, transparent information (connection, tariffs, and complaint mechanisms) for water and electricity, and electronic case management systems for liquidation.
Mrs Elizabeth Ofosu-Adjare (middle) with other dignitaries after the programme Photo: Stephanie Birikorang However, the Business Ready Report 2024, which takes a comprehensive review of the business environment, said the country scored lowest in market competitions, business entry, dispute resolution and digitalisation of intellectual property services.
The Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, who delivered the keynote address during the launch of the report, reaffirmed the government's commitment to strengthening Ghana's business environment through a robust regulatory framework.
