AZERBAIJAN – WORLD`S TOP BUSINESS REFORMER

10.09.2008 [20:16]
Print
A⁺ A^-

Azerbaijan led the world as the top reformer in 2007/08, with improvements on seven out of 10 indicators of regulatory reform, according to Doing Business 2009. Extensive reforms moved it far up the ranks, from 97 to 33 in the overall ease of doing business.

When it came to simplifying business regulations, Azerbaijan went further than any other economy and catapulted 64 places in the global rankings to 33, the biggest jump ever.

The report said Azerbaijan undertook reforms in seven of the 10 areas studied by the report, including making it easier to start a business, contract enforcement and property registration, easing tax administration burdens and employment restrictions, and strengthening investor protections and credit information. Reforms allowed opening more jobs. Intensive growth of economic shows that the government of Azerbaijan has created effective regulating environment for business in the country.

AZERBAIJAN – WORLD`S TOP BUSINESS REFORMER

FEEDBACK

Other news in this section