Provincial Facilitation for Investment and Trade Index: Measuring Economic Governance for Business Development in the Lao People’s Democratic Republic —Second Edition

The ProFIT index aims to measure how well provinces support private sector development, notably through economic governance measures that are under their mandate. The report shares analysis in six key areas: (i) ease of starting a business, (ii) transparency and access to information, (iii) regulatory burden, (iv) informal charges, (v) consistency in policy implementation, and (vi) business friendliness of the provincial administration. It notes improvements in the business environment across all provinces because of progress made in registration requirements.