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World Bank: Poland a leader in enacting business-friendly reforms

24th October 2012
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Although Poland was ranked a less-than-impressive 55th in the World Bank's latest Doing Business report, it was nevertheless seen by that institution as being the country that was the “fastest in the world when it came to implementing reforms meant to ease doing business.” Poland also jumped seven places from its ranking of 62nd in the previous Doing Business report.

Prime Minister Donald Tusk, while commenting on the results, said it was the “effect of consistent action over several years.” However, the prime minister also said that although the ranking is a “success, it is not satisfactory to Poles and the Polish government.”

Poland was praised in the report for the progress it has made on property registration, tax payments, the resolution of economic disputes and its bankruptcy laws. The World Bank said Poland was the fastest reforming EU economy since 2005 on those and other issues.

“These results are not a miracle but the consequence of hard work, determination and efforts over many years. Improving a business climate is not a matter of adopting a few regulations but of a systemic approach,” said Xavier Devictor, country manager for Poland and the Baltic Countries at the World Bank, as the report was unveiled.

“It's not a sprint, it's a marathon,” he added.

Meanwhile, the PM said he would call for the creation of a permanent parliamentary committee to be responsible for promoting deregulation and checking proposed legislation from the point of view of its consequences for regulation.


From Warsaw Business Journal by Remi Adekoya


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