Armenia betters positions in Doing Business 2015
Armenia has bettered its positions in the latest Doing Business index released by the World Bank. On the list of 189 nations Armenia occupies 45th place while in 2013 the country came 49th in the “Ease of Doing Business” rank. This was twelfth in a series of annual reports comparing business regulation in 189 economies, Doing Business 2015 measures regulations affecting 11 areas of everyday business activity: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor regulations. Singapore is the leading country for the ninth year in row, followed by New Zealand and Hong Kong. Georgia is placed 15 and is the leader among post-Soviet countries. Turkey and Azerbaijan are ranked 80th and 55th, respectively. Iran is ranked 130th.
