{"id":437415,"date":"2015-11-03T10:32:59","date_gmt":"2015-11-03T08:32:59","guid":{"rendered":"http:\/\/www.moldova.org\/?p=437415"},"modified":"2015-11-03T10:32:59","modified_gmt":"2015-11-03T08:32:59","slug":"moldova-down-by-3-positions-in-the-doing-business-top","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/moldova-down-by-3-positions-in-the-doing-business-top\/","title":{"rendered":"Moldova, down by 3 positions in the Doing Business top"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The World Bank published <a href=\"http:\/\/www.doingbusiness.org\/data\/exploreeconomies\/moldova\" target=\"_blank\">a new Doing Business<\/a> ranking for the upcoming year of 2016. The ranking includes 189 economies of the world, according to the Ease of Doing Business.<br \/>\nBettern than <a href=\"http:\/\/www.moldova.org\/world-bank-moldova-19-places-up-in-the-doing-business-ranking\/\" target=\"_blank\">last year<\/a> (63), Moldova degraded by 3 positions in only half a year from 49 to 52. <\/p>\n<p>Although the transparency in the business sphere has been established by law and some registration visits have been taken out, the <a href=\"http:\/\/www.doingbusiness.org\/data\/exploreeconomies\/~\/media\/giawb\/doing%20business\/documents\/profiles\/country\/MDA.pdf\" target=\"_blank\">Doing Business measurements<\/a> went down mainly due to the increasing of the taxes (-9) introduced by the Government Strelet, but also by the increasing of the minimum interest rate (19%).<\/p>\n<p>Except the topic of Starting a Business (+9), Moldova worsened the other conditions of doing business:<br \/>\n-Dealing with Construction Permits- 170th place (-1)<br \/>\n-Getting Electricity- 104th place (-4)<br \/>\n-Registering Property- 21st place (-1)<br \/>\n-Getting Credit- 28th place (-4)<br \/>\n-Protecting Minority Investors- 36th place (-3)<br \/>\n-Paying Taxes- 78th place (-9)<br \/>\n-Trading Across Borders- 33rd place (-1)<br \/>\n-Enforcing Contracts- 67th place (-1)<br \/>\n-Resolving Insolvency- 60th place (-1)<\/p>\n<p>Thus, the process of opening and managing business has been made harder not only for foreign investors, but for Moldovan businessmen and entrepreneurs as well.<br \/>\nNow, a serious pack of economic reforms is needed in order to help investors to at least keep their businesses running during this crisis. Sadly, the politicians are busy with saving their businesses and personal affairs. <\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The World Bank published a new Doing Business ranking for the upcoming year of 2016. The ranking includes 189 economies of the world, according to the Ease of Doing Business. Bettern than last year (63), Moldova degraded by 3 positions in only half a year from 49 to 52. Although the transparency in the business [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":403191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6,8],"tags":[],"class_list":["post-437415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-important-en","category-world-news"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>The World Bank published <a href=\"http:\/\/www.doingbusiness.org\/data\/exploreeconomies\/moldova\" target=\"_blank\">a new Doing Business<\/a> ranking for the upcoming year of 2016. The ranking includes 189 economies of the world, according to the Ease of Doing Business.<br \/>\nBettern than <a href=\"http:\/\/www.moldova.org\/world-bank-moldova-19-places-up-in-the-doing-business-ranking\/\" target=\"_blank\">last year<\/a> (63), Moldova degraded by 3 positions in only half a year from 49 to 52. <\/p>\n<p>Although the transparency in the business sphere has been established by law and some registration visits have been taken out, the <a href=\"http:\/\/www.doingbusiness.org\/data\/exploreeconomies\/~\/media\/giawb\/doing%20business\/documents\/profiles\/country\/MDA.pdf\" target=\"_blank\">Doing Business measurements<\/a> went down mainly due to the increasing of the taxes (-9) introduced by the Government Strelet, but also by the increasing of the minimum interest rate (19%).<\/p>\n<p>Except the topic of Starting a Business (+9), Moldova worsened the other conditions of doing business:<br \/>\n-Dealing with Construction Permits- 170th place (-1)<br \/>\n-Getting Electricity- 104th place (-4)<br \/>\n-Registering Property- 21st place (-1)<br \/>\n-Getting Credit- 28th place (-4)<br \/>\n-Protecting Minority Investors- 36th place (-3)<br \/>\n-Paying Taxes- 78th place (-9)<br \/>\n-Trading Across Borders- 33rd place (-1)<br \/>\n-Enforcing Contracts- 67th place (-1)<br \/>\n-Resolving Insolvency- 60th place (-1)<\/p>\n<p>Thus, the process of opening and managing business has been made harder not only for foreign investors, but for Moldovan businessmen and entrepreneurs as well.<br \/>\nNow, a serious pack of economic reforms is needed in order to help investors to at least keep their businesses running during this crisis. Sadly, the politicians are busy with saving their businesses and personal affairs. <\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/moldova-down-by-3-positions-in-the-doing-business-top\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fmoldova-down-by-3-positions-in-the-doing-business-top%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" 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