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Indonesia Ranks 5th Among Countries with the Highest Ease of Doing Business Reforms

27/10/2016 16:07 WIB

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Top 10 Countries with the Highest Ease of Doing Business Reforms

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Top 10 Countries with the Highest Ease of Doing Business Reforms

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The World Bank notes that Indonesia is among the top 10 countries with the highest business reform improvements. Indonesia's Ease of Doing Business (EODB) ranking rose 15 places, placing it among the top five countries with the largest increase.

Indonesia joined Brunei Darussalam, Kazakhstan, Kenya, and Belarus in the list of 10 countries with the biggest reforms. Brunei Darussalam recorded the highest score increase, at 5.28, while Indonesia's increase was 2.95.

According to the World Bank, Indonesia's improved ranking is due to its success in improving regulations and procedures across seven EODB indicators: starting a business, getting electricity, registering property, getting credit, paying taxes, trading across borders, and enforcing contracts.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia Ranks 5th Among Countries with the Highest Ease of Doing Business Reforms

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Indonesia Ranks 5th Among Countries with the Highest Ease of Doing Business Reforms

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Comparison of Commodity Price Declines 2014-2015

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