Sri Lanka, Nov. 4 -- Sri Lanka has improved its position in Ease of Doing Business Index (EoDBI) to the 99th position in 2020 as per the EoDBI report released by the World Bank last week. Earlier Sri Lanka was at the 100thposition. Doing Business 2020, a World Bank Group flagship publication is the 17th in a series of annual studies measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies-from Afghanistan to Zimbabwe-and over time.

Sri Lanka's 'Doing Business score' has improved from 61.22 last year to 61.80 in the new index. However, this is the highest-ranki...