Press Releases 2010
Tajikistan Ranked Top Reformer In World Bank Doing Business Report
November 15, 2010
Tajikistan was ranked among the top-ten reforming countries according to the World Bank Doing Business Report. Acting Regional Mission Director of USAID Central Asia Erin McKee congratulated Tajikistan on its economic achievement and continuing partnership in economic reform based on their performance in the Doing Business report. The report tracks the extent of business regulation that businesses and entrepreneurs have to comply with.
Each year, the top-ten reforming countries in the world are recognized for their efforts. Tajikistan was ranked sixth, and Kazakhstan was ranked number one. USAID, in collaboration with other donors, supports economic reform in Kazakhstan and Tajikistan with technical assistance for commercial law reform, simplified business regulation, and reforms that facilitate cross-border trade.
"It is rewarding to see the results of our collaboration with Tajikistan and Kazakhstan get recognized in this way. We stand ready to further support Tajikistan and Kazakhstan to enhance their business environments and implement additional key reforms," said McKee. "Economic reforms, when they are effectively implemented to improve the ability for businesses of all sizes to operate, are critical for sustained economic growth in Central Asia."
The World Bank Doing Business indicators cover the estimated time, cost, and number of procedures required to complete a wide range of administrative and legal processes that are particularly relevant to small and medium enterprises. The indicators for which Tajikistan is being recognized are: Starting a business; Protecting investors; and Paying taxes.
This annual survey measures the ease of conducting business around the world and includes 183 countries. Governments use it as a tool to direct outcome-oriented improvements to their laws and regulations.