Of the 147 economies around the world, Bhutan ranked 109 on providing friendly environment and incentives to businesses. The study was carried out by the World Economic Forum in Switzerland. The report was released to the media by the Bhutan Chamber of Commerce and Industry, yesterday.
Bhutan has been placed above Nepal and Pakistan in the global competitiveness report. Nepal ranked 117 and Pakistan 133.
Switzerland tops the ranking for the fifth consecutive years. Singapore took the second spot followed by Finland.
A news release from the BCCI states more than 80 chief executives and business leaders were surveyed, using the statistical analysis designed in Switzerland.
The Bhutan Chamber of Commerce and Industry carried out the survey collecting response from across the country.
