Skopje 16th November 2012 (MIA) – Ranking of the Republic of Macedonia at the 37th place by “Forbes" is one more affirmation that this country is a leader in the region in terms of conditions for doing business, Vice Prime Minister and Minister of Finance, Zoran Stavreski said answering journalist’s question in the newest ranking of “Forbes”.

“Forbes” ranks according to 11 indicators, and what is good for our country is that, one by one, all international rating agencies and respectable institutions rank Macedonia as the best in the region as regards all conditions, being important for the companies, Stavreski stated following the Macedonian international and educational conference.

That, he stressed is another signal for the investors. They monitor the indicators of “Forbes”, “Doing Business" and other renowned magazines or institutions and thus, they will more easily promote their own investments in the Republic of Macedonia, Stravreski said.

American business magazine “Forbes” announced the newest list of countries, being most favourable for doing business. New Zealand is on the top of the list as a country, being most favourable for doing business, as for the region, Slovenia is ranked as the best country, taking up the 23rd position, followed by Macedonia being 37th, Montenegro – 45th, Croatia 047th and Bosnia and Herzegovina at the 85th position.

List is composed on the basis of 11 different factors: property rights, innovation, taxes, technology, corruption, investor protection, stock market performance and red tape, as well as freedom (personal, trade and monetary).

List of "Forbes" relies upon research and reports of CIA, Freedom House, Transparency International, the World Bank, the World Economic Forum and the Heritage Foundation.

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