Doing Business - 2016: Azerbaijan Again in 63rd Line

The report «Doing Business - 2016: assessment of the quality and effectiveness of the regulation" has been published, sponsored by the experts of the World Bank and the International Finance Corporation. Azerbaijan, like last year, took the 63rd position out of 189.

According to the indicator "starting a business" Azerbaijan is at the 7th place (previously 12th), for the protection of minority shareholders - 36th (it was 51^st), the execution of contracts - 40th (saved), to solve the problems of insolvency - 84th (it was 94th), to obtain building permits – 114^th (it was 150th), for connection to the power supply system - 110th (it was 159th). In addition, on property registration, the country was at the 22^nd place (it was 10th), paying taxes - 34th (it was 33th), for the development of cross-border trade - 94th (it was 166th), on the availability of credits - 109th (it was 104th).

For authors attributed the success of the reform of 3 June 2014 to June 2015 - on top of business, obtaining construction permits and protecting the rights of minority shareholders.

The leader of the ranking, as before, is Singapore. In the post-Soviet space Azerbaijan is ahead of Estonia (16th), Lithuania (20th), Latvia (22nd), Georgia (24th), Armenia (35th), Kazakhstan (41st), Belarus (44th), Russia (51st) and Moldova (52nd). --17D-