Serbia jumps 12 places on Doing Business list

On the latest, just released, the World Bank’s Doing Business list Serbia occupies 47th place among 189 countries. This is the best ranking ever in terms of the country’s business climate.

Compared to last year, Serbia jumped 12 places and the biggest progress was made in issuing of building permits.

Serbia also ranked among this year’s 10 most-improved of the total 189 countries.

Over the past decade, Serbia has worked continuously on improving the business environment for local entrepreneurs, says Thomas Lubeck, Western Balkan Regional Manager at the International Finance Corporation, a branch of the World Bank. 

Serbia should remain resolutely committed to this goal in the future in terms of improving the legislative framework, as well as in terms of boosting the efficiency of government agencies, Lubeck said. 

Albania is the only country that made better progress than Serbia, moving up 32 places, like Serbia had done last year.

(Vecernje Novosti, B92, 25.10.2016)

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