Ukraine climbs to 76th Doing Business place

"Ukraine has risen by four more positions in the annual Doing Business ranking, by taking 76th place among 190 countries," he has tweeted.

As UNIAN reported earlier, the World Bank Doing Business 2018 will be published on October 31.

Read alsoUkraine ranks 12th in World Steel Association's steelmakers rating in JulyThe Ukrainian Economic Development and Trade Ministry forecast that Ukraine could climb by 10 positions in the Doing Business 2018 rating to the 70th place, which could potentially bring $1 billion in investment in the country annually.

In 2016, Ukraine climbed three positions in the Doing Business ranking: from the 83rd to 80th place. Ukraine showed the greatest progress in simplifying regulations for starting a business (from 190th to 20th place), while the slowest progress was recorded in its anti-corruption efforts (from 190th to 140th place).

UNIAN memo. The rating will take into account measures to improve the country's business climate, taken before May 20. The further measures will be estimated in the following year's rank.