Rabat - Morocco is the easiest country to start one's business in the MENA region, said Jean Arlet, Consultant at the World Bank and co-author of the latest Doing Business' report.
Rabat – Morocco is the easiest country to start one’s business in the MENA region, said Jean Arlet, Consultant at the World Bank and co-author of the latest Doing Business’ report.
For a start-up to kick off, a Moroccan entrepreneur needs an average of 11 days and 5 procedures to complete all required steps, which is less than in Germany, said Arlet in an interview with weekly “Challenge.”
He also underlined that Morocco ranks second in the region in terms of facilitating imports/exports operations after the UAE.
Jean Arlet noted that a businessman who want to export his products from Morocco needs only 10 days and 595 dollars, which is less than in Japan.
These figures are impressive if we bear in mind that in 2006, Morocco needed 17 days to do it, he went on, adding that this is due to the program of reforms carried out by the Kingdom, given that 3 out of 19 reforms undertaken since 2005 concern cross-border trade.
