The Cabinet issued the expected forecast about place of Ukraine in Doing Business ranking

The Cabinet issued the expected forecast about place of Ukraine in Doing Business ranking

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The forecast reduction is due to changes in the methodology of rating calculation.

It is expected that Ukraine will rise by 15 points.

According to calculations, Ukraine has to improve its position by 15 points in the ranking of ease of Doing business.

As reported by the Ministry of economic development, the previously announced forecast for the improvement of the position of 40 points is not implemented due to a change in calculation methodology.

#Cube: Ukraine has improved its position in Doing Business-2017 from 83 to 80. This is less than we expected, through the methodology of the rating pic.twitter.com/hGHDLQxcOi

— Ministry of economic development (@mineconomdev) 27 Dec 2016

Informed about the breakthrough in Doing Business rating said the Deputy Minister of economic development and trade Maksim Nefedov. This year Ukraine took 80 place in the ranking, improving its position by three points.

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