Will 2017 be the year that Israel reverses its persistent plunge down the World Bank's Ease of Doing Business rankings? Finance Ministry Director-General Shai Babad says it will. Speaking at the Israel Democracy Institute's annual conference on Tuesday, Babad said that the ministry was preparing a package of reforms that would tackle Israel's ignominious place in the international rankings, cutting out bureaucratic steps, payments, and hassles associated with starting a new business. Those reforms would ultimately be introduces as part of the upcoming economic arrangements law, the economic plan that accompanies the budget each year.