Belarus ranks 44th in Doing Business report

Belarus has ranked 44th among 189 countries in the World Bank Group"s Doing Business 2016 report, compared to last year"s 57th place.
The report is based on 10 indicators. Belarus has demonstrated the best results in registering new businesses and property.
This year, the country with the most favourable conditions for doing business is Singapore, followed by New Zealand.
Armenia, Kazakhstan and Russia have ranked the highest among CIS countries, taking the 35th, 41st and 51st places respectively.