The World Bank praised Indonesia

The World Bank praised Indonesia

Jakarta : Indonesia | Oct 23, 2012 at 9:52 AM PDT
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The World Bank praised Indonesia

A World Bank report this year. Featuring a case study, exploring the reform efforts of Member Asia Pacific Economic Cooperation (APEC). By using the frame of reference "Doing Business". Indonesia, among APEC member countries. Using the frame of reference "Doing Business", for ease of starting a business as well as improve the system in the contract. Stefan Koeberle, Director of the World Bank, said that Indonesia has made some improvements over the last eight years, and still continue to strive to further strengthen the clarity of the rules framework. The speed of change is slightly decreased, rhyme significant changes that occurred between 2005 and 2009, among others, to strengthen the investment climate, small and medium enterprises.

A World Bank report this year, which covers 185 global economy noted that 11 of the 24 economies in East Asia and the Pacific, to improve regulation of business in the previous year. Siangapura was ranked top in the world, the ease of running for seven consecutive years. Hong Kong was ranked second. The annual ranking of the World Bank report this year, about the ease of doing business. 10 shows the economy with regulations favored by the business community, in order are Singapore, Hong Kong, China, New Zealand, United States, Denmark, Norway, England, the Republic of Korea, Georgia and Australia.

A World Bank report this year. "Doing Business" published by a subsidiary of the World Bank, the International Finance Corporation (IFC), in Jakarta, Tuesday (22/10), said that Indonesia has revised its rules, through public regulatory reforms that facilitate local entrepreneurs, to get the power grid. The World Bank reports that year, states that since 2005, Indonesia has implemented a number of regulatory and institutional reforms 18, in nine of the 10 areas of business regulation, as measured by the annual report "Doing Business". The new reforms recorded in the report, such as PT PLN (State Electricity Company), has facilitated the application process, a more simple way for electrical connections, by eliminating the provision to carry a copy of the household electricity bill, to determine the address of businessmen surely them.

Similarly, the World Bank report and its subsidiary, the International Finance Corporation (IFC) this year. Assessing Indonesia's economy has improved a number of regulatory, business-related activities from June 2011 to June 2012.

Jakarta, Indonesia, October 23, 2012/Tasch.

Source: Antara News, Jakarta, Indonesia.

TaschTaufan is based in Jakarta, Jakarta, Indonesia, and is a Reporter on Allvoices.
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