On December 4 and 7, 2007, the World Bank Country Office in Tajikistan and the IFC Private Enterprise Partnership Program, in close collaboration with the Tajik State Committee on Investments and State Property Management, held back-to-back presentations and discussion of the recently released World Bank and IFC global report titled “Doing Business 2008: Comparing Regulations in 178 Economies” and the Tajikistan Private Sector Development Strategy, developed jointly by the Government of Tajikistan and the World Bank.
The first presentation targeted decision-makers in the Government of Tajikistan and representatives of donor organizations implementing programs that help foster development of the private sector in Tajikistan.
The second event, held on December 7, brought together broader community of stakeholders, including representatives of businesses, civil society organizations, media and others to discuss challenges faced by local and foreign private enterprises in Tajikistan and propose ways of creating more enabling business environment in the country.
The Doing Business report provides a comparison of global economies on the ease of doing business and private sector reforms. The report is co-sponsored by the World Bank and the International Finance Corporation (IFC), the private sector arm of the World Bank Group. Doing Business 2008 is the fifth in an annual series issued by the World Bank and IFC.
It ranks 178 economies on the ease of doing business based on 10 indicators of business regulation. Since 2003, Doing Business has inspired or informed over 113 reforms around the world.
Tajikistan continues to rank low on most of the Doing Business indicators as compared to the rest of the region. Its ranking on ease of doing business is 153 among 178 countries. Tajikistan's ranking slipped in several categories this year, including dealing with licenses, getting credit and registering property (3 places), paying taxes (2 places) and protecting investors and trading across borders (1 place).
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