Peru climbed nine positions in the Ease of Doing Business Index, an index created by the World Bank.
Thus, Peru went from number 65 to 56, due to implementing reforms in 5 of the 10 categories measured by the Doing Business report.
Peru currently has the second best score in the region, after Colombia, that has also increased 12 positions.
Higher rankings indicate better, usually simpler, regulations for businesses and stronger protections of property rights.
Peru has the fifth best score, behind Puerto Rico, Colombia, Chile (which was down 9 locations) and Mexico.
The Ease of Doing Business index is meant to measure regulations directly affecting businesses and does not directly measure more general conditions such as a nation’s proximity to large markets, quality of infrastructure, inflation, or crime.
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