Ukraine may get into Doing Business rating Top 50 in 2016

Source : 112 Ukraine

"We are on the right track, reference point is Lithuania" - Abromavičius
18:03, 28 October 2015

Ukraine may get into the Doing Business rating Top 50 in 2016, stated Aivaras Abromavičius, Ukrainian Minister of Economy and Trade, during the meeting of the Cabinet.

"What can I say... That are we on the right track. There one goal remains , and it can be achieved. This is Top-50. It is necessary for us to accelerate. I think that next year it is real to get into the Top 50. Reference point for us is Lithuania ", said the minister.

Yesterday it became known that Ukraine has climbed from 96th to 83rd place among 189 countries in the World Bank's Doing Business-2016 rating. Ukraine ranking is between Saudi Arabia (82nd) and Brunei (84th place).

The Top 10 includes Singapore, New Zealand, Denmark, South Korea, Hong Kong (China), Britain, USA, Sweden, Norway, and Finland.

Related: How the West can help Ukraine to insure foreign direct investment against political risks

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