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Ugandan Economists Say Country Still Investment Destination Despite US Advisory - New Delhi Times - India's Only International Newspaper

Ugandan economists and officials expressed confidence in the country’s economy and urged investors to ignore a U.S. government advisory about risks they may face if they conduct business there. The advisory, in the U.S. 2023 Investment Climate Statements, warned of the financial and reputational risks posed by endemic corruption in Uganda. The statement also noted…
United States United Arab Emirates Corti Paul Lakuma Morrison Rwakakamba African Development Bank World Bank

US Slams Investment Climate in Algeria

The US Department of State has criticized in its recent report “2023 Investment Climate Statements: Algeria” the import substitution policy endorsed by Algeria and the shortage of supplies in the local market. The report said that “the import substitution policies it employs tend to generate regulatory uncertainty, supply shortages, increased prices, and a limited consumer goods selection.”
Abdelmadjid Tebboune National Agricultural Products Board National Professional Cereals Office Climate Statements President Abdelmadjid Tebboune National Professional Cereals
Source: aawsat.com

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Corruption rampant while awarding licenses, government procurement and revenue management

KATHMANDU, Aug 2: Corruption, one of the major challenges to create an investment-friendly environment in Nepal, is ‘endemic, institutionalized and driven from the top’ in nature, according to a recent study published by the US state department.
Transparency International Climate Statements Corruption Act Perception Index 2023 Investment Climate Statements Nepal Us Department Of State

Foreign investments vital for economy

COLOMBO (News 1st); The US Embassy says that foreign investments play a vital role in any country’s economy. The embassy shared the annual - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
Sri Lanka Us Embassy Climate Statements

ORG celebrates positives highlighted in investment climate report

The Organization for Responsible Governance (ORG) hailed the thorough review and comprehensive perspective of The Bahamas’ investment landscape laid out in the US Department of State’s 2023 Investment Climate Statements on The Bahamas report. ORG said it celebrates the strengths highlighted by the report, and vowed to work with the government and civil society to fix the
United States Organization For Responsible Governance Office Of The Ombudsman Transparency International Corruption Perception Index Transparency International Responsible Governance

BPL COO: Renewable energy penetration less than 5% - The Nassau Guardian

The Bahamas is currently generating less than five percent of its power needs through renewable energy, Bahamas Power and Light (BPL) Chief Operations Officer Toni Seymour said recently. The country has only seven years left to fulfill its commitment of reach 30 percent. The US Department of State’s 2023 Investment Climate Statements on The Bahamas explains:
New Providence The General France General Toni Seymour Shevonn Cambridge Royal Bank

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