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Wednesday, October 24, 2012

[] Successful energy ministry

Getting electricity most difficult in Bangladesh: IFC

Bangladesh ranked last among 185 countries where it is hardest to get
an electricity connection, reveals a survey by International Finance
Corporation (IFC), the private sector lending arm of World Bank.

"Getting Electricity" is one of the 10 indicators in the IFC report
"Doing Business 2013" that found it takes 404 days, involving nine
procedures, to get electricity connection in Bangladesh.

"Bangladesh made getting electricity connection more difficult by
requiring all customers to meet 7% of their electricity needs through
solar energy, making it mandatory for all prospective customers to
install solar panels," read the report.

The report examined latest data from June 2012 on regulations that
apply to an economy's businesses during their life cycle, including
start-up and operations, trading across borders, paying taxes, and
protecting investors.


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