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Investment Climate Reform Program in Afghanistan (Doing Business Indicators)
DATES: October 2011 - September 2013
Since 2002, the World Bank’s International Finance Corporation (WB/IFC) has conducted the Doing Business Indicators (DBI) annual survey to rank the regulatory practices for small- and medium-sized businesses in 185 economies around the world. Currently, Afghanistan ranks at 168 overall. The DBI report looks at domestic small- and medium-sized companies and provides a quantitative measure of regulations for: starting a business; dealing with construction permits; registering property; getting credit; protecting investors; paying taxes; trading across borders; enforcing contracts; and closing a business. DBI offers measurable benchmarks for reform and serves as a resource for those interested in improving the business climate. Improving Afghanistan’s DBI ranking is critical for increasing private sector investment, as the DBI are used by international investors as a key investing tool. To that end, USAID’s Investment Climate Reform Program works with the Afghan Government and the Kabul Municipality to institute reforms in four of the 10 DBI areas of focus. These reforms will streamline processes for businesses, reducing costly and time-consuming regulations, while also encouraging increased business investment.