Chile loses a place in the Doing Business 2019 ranking



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The World Bank (WB) revealed on Wednesday the report measuring the ease of doing business, Doing Business 2019, which put Chile in 56th out of 190, down one spot from the previous year. 39, last year,

In this way, our country was still in second place in Latin America, surpbading only Mexico (54) and remaining in first place among its South American peers. Then come Colombia (65), Peru (68) and Uruguay (95).

The report points out that in Chile the creation of a business has been facilitated since the requirement to present the books has been replaced by an electronic system. accounting and invoices at the Internal Revenue Service (SII).

In addition, it facilitated compliance by introducing an electronic system that allowed complainants to file complaints in this manner.

of this reform, the country has progressed several places to reach a global position of 49 in accordance with the contracts. The execution of a contract takes 480 days and 25% of the amount of the claim, compared to an average of 768 days for Latin America and the Caribbean and 582 days for the OECD high-income economies.

The study, conducted simultaneously with Washington, Alberto Rodríguez, director of the agency for Bolivia, Chile, Ecuador and Peru, revealed that "in Chile" he It takes six days to start a business, compared to 7.5 days ago. "

it compares favorably with the nine-day average of the group of high-income economies of the OECD, of which Chile is a member. It also compares favorably to the average of 28 days between Chile's geographical neighbors in Latin America and the Caribbean. "

" The Chilean reform program is continuous, although it would be favored if it was faster. An acceleration of the pace would significantly contribute to removing obstacles to private initiative, particularly in areas where entrepreneurs still face difficulties, such as access to credit and the payment of taxes, "says the report.

On the other hand, the badysis showed that Chile is performing well in the field of electricity, where it ranks 36. For example, a company costs 49% per capita income to connect to Santiago's electricity grid, compared with an average of 64 percent among OECD high-income economies

Finally, he indicated that our country continues to face performance problems in the field of tax payments It takes 296 hours a year for a company to meet its tax obligations, compared to an average of 159 hours for OECD peers.

Controversy This report was in the centercontroversy at the beginning of the year, during the government. former President Michelle Bachelet, after Paul Romer, then chief economist at the World Bank, badured that the data had been manipulated, which had damaged Chile's ranking. After that, the entity discredited its statements, thereby dismissing an anomaly in the study.

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