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MACEDONIA JUMPS IN DOING BUSINESS RANKS



National.

Macedonia is ranked 32nd of the 183 economies covered by the World Bank Doing Business 2010 report, 37 places up from 69th a year earlier.

Macedonia is also ranked third among the global top ten reformers.

Macedonia’s ranking in the Doing Business 2010 report makes it the highest- ranked country in the region – Bulgaria (44th), Slovenia (53rd), Romania (55th), Montenegro (71st), Turkey (73rd), Albania (82nd), Serbia (88th), Croatia (103rd), Greece (109th), Kosovo (113th), Bosnia and Herzegovina (116th).

Doing Business analyzes regulations affecting the small to medium-size firm - business start-up and operations, trading across borders, paying taxes, and closure. The ease of doing business index ranks economies from one to 183.

The Central-African Republic, Congo, The Democratic Republic of Guinea-Bissau, Sao Tome and Principe, and the Republic of Congo are at the bottom in the Doing Business 2010 report.

Doing Business 2010: Reforming through Difficult Times recorded 287 reforms between June 2008 and May 2009, up 20 percent from the previous year. Reformers around the world focused on making it easier to start and operate businesses, strengthening property rights, and improving commercial dispute resolution and bankruptcy procedures.

This year, there were four newcomers among the global top ten reformers: Liberia, the United Arab Emirates, Tajikistan and Moldova. Others, aside from Rwanda, are Egypt, Belarus, Macedonia, the Kyrgyz Republic, and Colombia.


[Makfax]

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February 27 2010:
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