World Bank advises Kyrgyzstan on improvement of Doing Business indices

12:53, 01 ноября 2017, Bishkek - 24.kg news agency , Julia KOSTENKO

The World Bank gave the Central Asian countries recommendations that will help them to improve the indicators in the Doing Business ranking. The Director of Trade and Competitiveness Global Practice in the World Bank Cecile Fruman told today.

According to her, there is a need for 1.1 million new jobs in . Therefore, one must create conditions for a favorable business environment. «The countries that have achieved good results, have a strong political will and the ability to organize reforms. They are open to new experiences and partnerships. One of the countries that has achieved colossal results is ,» Cecile Fruman stated.

The reform leader is , which has conducted 47 reforms. and have implemented 41 reforms. is one of the top ten reforming countries.

Kyrgyzstan took the 77th place in the ranking. The most memorable reform was the creation of a single base for collateral.

«Information and communication technologies will allow to speed up the issuance of permits. Introduction of the feedback mechanism will help to improve the indicators in the ranking. Officials should be focused on support of the private sector,» Cecile Fruman believes.