Russia’s place in Doing Business rating has potential to grow
Russia’s position in the Doing Business World Bank ranking is potentially higher than assigned on the 28th, since the bank does not take into account all the reforms implemented in the country, said Roman Marshavin, executive director of the bank from the Russian Federation.
“Our place [in the rating] is potentially higher, because the bank does not yet take into account reforms in all areas. This year we gave suggestions for improving the methodology, as well as a list of measures implemented by federal and regional authorities, the bank is studying them. The bank management is grateful to us for the suggestions for improving the methods of collecting information and itself recognizes the need for changes. Next year, new indicators will be added to the rating, ”said Roman Marshavin.