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Macedonia leads SEE countries in World Bank's Doing Business 2019 report- table

Macedonia leads SEE countries in World Bank's Doing Business 2019 report- table Source: minsvyaz.ru

SKOPJE (Macedonia), October 31 (SeeNews) – Macedonia is the top performer from Southeast Europe (SEE) in the latest Doing Business report of the World Bank Group, released on Wednesday.

Macedonia, ranked 10th, and Albania are the only SEE countries which improved their rankings compared with 2018, according to data from the Doing Business 2019: A Year of Record Reforms, Rising Influence report World Bank's report. 

"FYR Macedonia made the construction permitting process less costly by reducing the land development fees," the report noted.

The second best destination for doing business in SEE is Slovenia, which ranks 40th, three spots down from last year, followed by Kosovo at the 44th place, Moldova, 47th, and Serbia,48th.

Kosovo is the best place for starting a business in 2019, ranking 13th place, followed by Moldova, 14th, Slovenia, 38th, and Serbia, 40th, according to the report.  

Following are details on the SEE countries covered in the Doing Business 2019: A Year of Record Reforms, Rising Influence:

  Ease of doing business (rank) Starting a business (rank) Dealing with construction permits (rank)
Albania 63 50 151
Bosnia and Herzegovina 89 183 167
Bulgaria 59 99 37
Croatia 58 123 159
Kosovo 44 13 100 
Macedonia 10 47 13
Moldova 47 14 172
Montenegro 50 90 75
Romania 52 111 146
Serbia 48 40 11 
Slovenia 40 38 120

The report covers 190 economies. It measures regulations affecting the life of a business, such as starting a business, dealing with construction permits, acquiring electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

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