Macedonia is among the three top reformers that have contributed to improving their position of the main doing business indicator. According to this indicator, Macedonia is ranked 32nd, advancing 37 places compared to the 69th place last year in the World Bank Doing Business Report.
Macedonia is among the countries that have undertaken reforms in the business regulations. World Bank Report contains a ranking list of 183 countries, on the basis of 10 indicators on the time necessary and the resources needed in each of the countries for starting up business, as well as the tax payments.
Macedonia is the best-ranked country in the SEE region, in from of Bulgaria which is 44th, Slovenia – 53rd, Romania – 55th, Montenegro – 71st, Albania – 82nd, Serbia – 88th, Croatia – 103rd and Greece – 109th.
For the first time, Rwanda, a country in Sub-Saharan Africa, is ranked first in implementing reforms in the said field. It is followed by Kyrgyzstan and Macedonia, Belarus, United Arab Emirates, Moldavia and Columbia.
According to the World Bank Report, record 131 countries managed to reform the laws, as well as the requirements for starting up and doing business in conditions of the worst global economic crisis since the Second World War. World Bank Report writes that reforms are especially noticeable in the countries in East Europe, Central Asia and North Africa.
World Bank again ranked Singapore as a country in which business can be start and business deals can be concluded in the fastest and the easiest way. New Zealand and Hong Kong held the second and the third spots in the global ease of doing business rankings.