Regulatory climate sets the stage

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SummaryPolicies should let people try new business ideas and take on calculated risks.

this regard: (i) systematic procedures to review and cut business start-up requirements in terms of number of licences, procedures, and administrative fees; (ii) the introduction of fast-track mechanisms and one-stop-shops to bundle procedures; and (iii) the introduction of ICT-based procedures for businesses registration and reporting.

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