Source: English.News.mn                      Date: 11 November, 2010

Mongolia has fallen 11 places in the ranking in the World Bank Group’s “Doing Business 2011: Making a Difference for Entrepreneurs”, released on November 4. The annual report tracks the state of business regulation in 183 economies and puts Mongolia at 73rd, down from the 62nd spot it held last year. The drop comes in the year being observed as “The year to reform the business environment” in the country.

The report allots scores on nine aspects of doing business in a country. These and Mongolia’s score are given below.

Starting a business - 86;
Dealing with construction permits -104;
Registering property – 27;
Getting credit -72;
Protecting investors - 28;
Paying taxes – 66;
Trading across borders - 158;
Enforcing contracts - 35; and
Closing a business - 119;