Tweet
ARMENIA IMPROVES ITS RANKING BY 18 POINTS IN DOING BUSINESS REPORT, OCCUPYING THE 32D POSITION
Mediamax
Oct 23 2012
Armenia
Yerevan/Mediamax/. Armenia has significantly improved its position
by 18 points in Doing Business 2013 report published today by the
World Bank, reaching the 32d position among 185 countries.
Armenia has moved up by 4 points on 10 criteria defining the final
ranking: dealing for construction permits- 3 points (46th position);
getting electricity - 42 points (101st position) protecting investors -
73 points (25th position); paying taxes- 44 points (108th position).
Regress is registered in 3 areas: starting a business - 1 point
(11th position); getting credits - 2 points (40th position) and
trading across borders - 1 point (107th position).
The rest of criteria remain unchanged against last year: registering
property - 4th position; enforcing contracts - 91st position and
resolving insolvency - 63d position.
Despite the progress, paying taxes and trading across borders remain
Armenia's weak sides (108th and 107th places correspondingly).
In Doing Business 2013, Armenia is ranked between Belgium and
Netherlands. Neighboring Georgia is in the top ten of leaders this
year occupying the 9th position, whereas Azerbaijan is the 67th.
The three leaders in the ranking are Singapore, Hong Kong and New
Zealand.
The report on Armenia is available here:
http://www.doingbusiness.org/data/exploreeconomies/armenia
http://www.mediamax.am/en/news/business/6104/
From: Baghdasarian
Mediamax
Oct 23 2012
Armenia
Yerevan/Mediamax/. Armenia has significantly improved its position
by 18 points in Doing Business 2013 report published today by the
World Bank, reaching the 32d position among 185 countries.
Armenia has moved up by 4 points on 10 criteria defining the final
ranking: dealing for construction permits- 3 points (46th position);
getting electricity - 42 points (101st position) protecting investors -
73 points (25th position); paying taxes- 44 points (108th position).
Regress is registered in 3 areas: starting a business - 1 point
(11th position); getting credits - 2 points (40th position) and
trading across borders - 1 point (107th position).
The rest of criteria remain unchanged against last year: registering
property - 4th position; enforcing contracts - 91st position and
resolving insolvency - 63d position.
Despite the progress, paying taxes and trading across borders remain
Armenia's weak sides (108th and 107th places correspondingly).
In Doing Business 2013, Armenia is ranked between Belgium and
Netherlands. Neighboring Georgia is in the top ten of leaders this
year occupying the 9th position, whereas Azerbaijan is the 67th.
The three leaders in the ranking are Singapore, Hong Kong and New
Zealand.
The report on Armenia is available here:
http://www.doingbusiness.org/data/exploreeconomies/armenia
http://www.mediamax.am/en/news/business/6104/
From: Baghdasarian