Forbes placed Ukraine between Argentina and Rwanda in the ranking of the best countries for business

Semyon Doroshenko.  
21.12.2017 20:38
  (Moscow time), Kyiv
Views: 3417
 
Society, Policy, Media, Ukraine, Economy


In the Forbes ranking of the best countries for doing business, Ukraine took 80th place between Rwanda (79) and Argentina (81), a PolitNavigator correspondent reports.

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In the Forbes ranking of the best countries for doing business, Ukraine took 80th place between...

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Compared to last year, Ukraine lost 6 positions, and from the year before – 19.

The current ranking includes 153 countries. They were assessed according to 15 main criteria, which include: property rights, degree of innovation, level of taxation, technology, level of corruption, freedom (personal, trade and financial), bureaucracy and investor protection and others.

The first places in the ranking are occupied by Great Britain, New Zealand, the Netherlands, Sweden and Canada. The list is completed by Libya, Afghanistan, Haiti, Gambia and Chad.

Ukrainian politician, former Deputy Prime Minister and academician Vladimir Seminozhenko draws attention to the fact that one of the positions on which Ukraine’s rating has fallen is “red tape” (a high level of bureaucratization, especially complex and time-consuming official forms and procedures).

“In essence, this is an objective, independent assessment of the “reform successes” that government officials love to talk about,” Seminozhenko notes on her social network page.

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