- Government of Montenegro
Ministry of Finance Fifth Session of the Council for Elimination of Bu...
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Fifth Session of the Council for Elimination of Business Barriers
Published on: Oct 3, 2009 • 12:55 AM Author: Naslovna strana
The activity of the Council was focused on the Doing Business Report 2010, published by the World Bank. In this Report, Montenegro improved its position by six ranks, on the basis of achieved progress in the areas of starting a business, dealing with construction permits, employing workers and paying taxes, while only 11 out of the total of 183 countries achieved progress in greater number of indicators than Montenegro. Better ranking position represents a confirmation of efforts used by all institutions in charge of areas analyzed in this Report in reference to improving regulations governing business environment. The fact that Montenegro is among 20 countries that have made the biggest number of reforms in the period from 2008 to 2009 represents a great progress, at the same time imposing the obligation and responsibility to intensify reforms in order to further enhance the business environment and improve the position of Montenegro at the international investment level. If Montenegro succeeds in implementing recommendations set by the Action Plan it would be among the top ten reformers in the next Doing Business Report.
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