Kazakh businessmen have partaken in considering report on Doing Business rankings for the first time

01 November, 2018, 13:14 285
Kazakh businessmen have partaken in considering report on Doing Business rankings for the first time

A delegation from Kazakhstan has presented reforms to improve the business climate in Kazakhstan within the Law on the enhancement of business regulations. 

 

In this year, the Atameken National Chamber of entrepreneurs represented by the Board's member, Deputy Chairman of the Board Yeldos Ramazanov has taken part in considering the report on the World Bank's (Washington) rankings for the first time with members of the government, led by Vice Minister of National Economy of Kazakhstan Serik Zhumangarin, BNews.kz reports referring to atameken.kz

Doing Business rankings are compiled by measuring cumulative indications in 10 thematic groups, each of them consisting of several indicators and equally affects the country's overall ranking. 

Following 'Protecting smaller investors' Kazakhstan ranks 1st, 'Contract enforcement' - 4th, 'Obtaining a construction permit' - 35th, 'Enterprise registration' - 36th. 

A year ago, Kazakhstan ranked 36th for ease of doing business. 

In general, 148 amendments for 9 indicators of Doing Business rankings in 7 Codes and 20 Laws have been presented. 

All amendments have been introduced considering the consolidated view of business communities. 

Note the top-3 includes New Zealand, Singapore and Denmark. Russia ranks 31st, Belarus - 37th, Kyrgyzstan - 70th, Uzbekistan - 76th.