ID :
212176
Tue, 10/11/2011 - 10:27
Auther :

Iran’s Doing Business Rank up 5 places

TEHRAN,Oct.11(MNA) -- In “Doing Business 2011 Report”, Iran is ranked 129th out of 183 economies, the head of Iran’s Customs Administration Abbas Memarnejad Said on Monday.

Memarnejad said that Iran’s rank is 5 points higher than last year, reflecting improvements in economic indicators, but the country’s potential is higher than the being rank.

“Iran is ranked 131th out of 183 economies in the index of ‘trading across border’, which is less than the country’s real potential”, he further said.

In the region of Middle East and North Africa, Iran is ranked 13th out of 18 economies in terms of Doing Business index and is ranked 17the in terms of ‘trading across border’ index, Memarnejad added.

The Doing Business Project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level.

The Doing Business Project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.

By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Doing Business encourages countries to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each country.

In addition, Doing Business offers detailed subnational reports, which exhaustively cover business regulation and reform in different cities and regions within a nation. These reports provide data on the ease of doing business, rank each location, and recommend reforms to improve performance in each of the indicator areas. Selected cities can compare their business regulations with other cities in the country or region and with the 183 economies that Doing Business has ranked.

The first Doing Business report, published in 2003, covered 5 indicator sets and 133 economies. The project has benefited from feedback from governments, academics, practitioners and reviewers. The initial goal remains: to provide an objective basis for understanding and improving the regulatory environment for business around the world.


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