Reuters :
Chilean officials on Saturday criticised the World Bank, saying it treated the South American country unfairly in its closely watched annual “Doing Business” competitiveness rankings.
“What happened with the World Bank’s competitiveness rankings is very concerning,” socialist President Michelle Bachelet, whose four-year term ends in March, wrote on Twitter after the World Bank’s chief economist apologised for Chile’s slippage in the rankings under her tenure.
“Rankings that international institutions conduct should be trustworthy, since they impact investment and countries’ development,” Bachelet wrote, adding that the government would formally request a complete investigation from the World Bank.
Chilean officials on Saturday criticised the World Bank, saying it treated the South American country unfairly in its closely watched annual “Doing Business” competitiveness rankings.
“What happened with the World Bank’s competitiveness rankings is very concerning,” socialist President Michelle Bachelet, whose four-year term ends in March, wrote on Twitter after the World Bank’s chief economist apologised for Chile’s slippage in the rankings under her tenure.
“Rankings that international institutions conduct should be trustworthy, since they impact investment and countries’ development,” Bachelet wrote, adding that the government would formally request a complete investigation from the World Bank.
