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This article first appeared in Eurasianet . Sam Bhutia is an economist specializing in the former Soviet Union.
2.8 Russia ranked 29th in World Bank doing business ranking
Russia is ranked 28th in the latest 2019 edition of the World Bank’s Doing Business report, falling just short of the goal set by the President Vladimir Putin to enter the top 20 of the business environment rating.
As reported by bne IntelliNews , previously in 2012 the goal was set to make it to the top-20 by 2018, but the target date was pushed back by another six years to 2024 in April 2019 . Nevertheless, since 2011 Russia has jumped an impressive 89 places in the Doing Business ranking, being the only economy showing such a fast-paced improvement.
16 RUSSIA Country Report November 2019 www.intellinews.o
