Washington D.C., 25th April 2010 – Vice Prime Minister and Minister of Finance Zoran Stavreski received World Bank award for Macedonia on Sunday in Washington, which according to Doing Business Report, was one of the top reformers in the world last year, MIA reported.


– It is a nice feeling when receive award from the best renowned institution in the world for assessment of the business climate. Doing Business ranks Macedonia third, which is a great success and recognition for the reforms being undertaken for improvement of the business climate. Even bigger success is that three years in a row Macedonia is so highly ranked, Stavreski said after receiving the award.


This, according to Stavreski, means that reforms are continuously implemented and we are already in the group of more successful countries from the point of view of improvement of investment climate.


– This is certainly larger challenge for us all to continue resolving open issues, whenever there is room to improve the situation. I expect, based on plans and undertaken measures, that, in the coming period, Macedonia will be still among world’s top countries according to business climate and reforms, Stavreski pointed out.


It is an exceptional opportunity, he added, to see how other countries are doing and the areas of their success, so as to apply their experience.


– This was an exceptional opportunity through exchange of experience with other countries to see how to improve so as to be more successful and enable better business conditions for both domestic and foreign investors, Vice Prime Minister said.


Government priorities in the period to come will be focused in two areas – issuing construction permits(acceleration, simplification and lower costs in the procedures so as for the investors having funds and idea for extending their business to be able to faster realize their investments) and acceleration of court procedures for resolving bankruptcy proceedings.


– Thus we can help improve overall environment, financial discipline and set higher standards, Stavreski emphasized. Last Doing Business 2010 Report ranks Macedonia at the high third place in the world according to implemented reforms for improvement of business climate. In relation to the last year, it advanced by 37 places. Doing Business recognized progress in all areas covered in the report, except for construction permits, bankruptcy and solvency.


– Doing Business awards acknowledge the efforts the countries make in reforms for business climate improvement. Macedonia is among the top ten reformers three times in a row. It has made large progress in registering companies and protection of minority capital. Recognition by the World Bank means recognition of the important and sustainable steps made by the Government, Penelope Brook, Doing Business Director, said.(MIA)


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