Russia advances in global Doing Business rankings to 28th position: World Bank

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Doing business in Russia became easier over the past year as Russia advanced to ...

FILE PHOTO: Pedestrians cross the road as skyscrapers of the Moscow International Business Center, also known as"Moskva-City", are seen in the background in Moscow, Russia August 10, 2018. REUTERS/Maxim Shemetov

MOSCOW - Doing business in Russia became easier over the past year as Russia advanced to 28th out of 190 countries in the World Bank’s 2020 business rankings, from 31st in the 2019 report, the World Bank said on Thursday. Russia is now one notch below Austria, ranked 27th, but above Japan which is in 29th place. New Zealand remained the best place for Doing Business in the world, according to the World Bank, while Somalia was the worst.

Over the past year, Russia made getting access to electricity faster, strengthened minority investor protections by requiring greater corporate transparency, and made paying taxes easier, the World Bank said in an annual report.

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GDP of Russia is the same as the state of New York. Putin(Russian Organized Criminals, Oligrahs) want to have a bigger say in international economic decision making. He is stacking paper '💵' to gain entry into the exclusive international club on the backs of brown & black people

behind Texas and California....

Tump did his boy, Putin good.

Lots of elections to invest in

A distraction from the threat of China.

'FILE PHOTO: Pedestrians cross the road as skyscrapers of the Moscow International Business Center, also known as ''Moskva-City'', are seen in the background in Moscow, Russia 🇷🇺 August 10, 2018. REUTERS/MAXIM SHEMETOV'

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