Project Description
The Program will assist the Government to address the policy, institutional, legal and regulatory constraints to starting, operating and closing a business. The reforms will improve the investment climate, ensure greater security for commercial transactions, substantially improve access to finance, and inspire greater confidence in the country as an investment destination.
The following are the main components:
1. Indicator-Related Reform Advisory: Reform initiatives shall cover: (a) Policy Reforms; (b) Institutional Reforms; and, (c) Legal and Regulatory Reforms
2. Debt Resolution: (a) Legislative Reform (b) Insolvency Practitioner Reform (c) Development of Regime for Out-of-court workouts (d) Training of judiciary on commercial matters.