24.10.2019 Ankara
Turkey rose from its rank of 60th to 43rd, last year in the World Bank's Ease of Doing Business Index becoming one of the most reform making countries. This year Turkey has risen 10 more steps to reach 33rd rank, breaking another record, thereby rising 27 ranks in just two years.
The
reforms implemented last year within the framework of The Ease of Doing
Business, led by Treasury and Finance Minister Berat Albayrak, have brought
Turkey to the top ranks of the Doing Business 2020 report. Single window application
in company establishment, electronic transfer of land registry processes,
improving the quality of land registries and lowering the fee, VAT exemption on
investment goods, reduction of foreign trade costs reforms have allowed Turkey
to rise to the top.
The
Union of Chambers and Commodity Exchanges of Turkey (TOBB) President M. Rifat
Hisarcıklıoğlu expressing that they are happy to see the results of the reforms
coordinated with the Ministry of Treasury and Finance, said, “I would like to thank
President Recep Tayyip Erdoğan who took the reform efforts under his wing and
supported us, Vice President Fuat Oktay, the Minister of Treasury and Finance Berat
Albayrak, the Deputy Minister of Treasury and Finance Bülent Aksu, all relevant
ministries and all contributing NGOs. We, as TOBB, are acting the secretariat
of the private sector wing, therefore we are also greatly proud of this.”
Hisarcıklıoğlu
stressed that the results can be a strong reference point for foreign
investors, “We're very happy to have Turkey rise to rank 33 through the many
reforms enacted whereas for many years we were ranked in the 60s and 70s.
Reforms have been made in many areas with many still underway. This
breakthrough in the economic conditions we are in is an indication that Turkey
is making and will continue to make the reforms it needs to increase
investments and employment.”
Stating
that Turkey should not be satisfied with this result, Rifat Hisarcıklıoğlu
said, “We have shown the whole world how strong a will we have for reform. It's
a great achievement to jump 27 places in two years, but it's not enough for us.
We want to see our country where it deserves to be at the top of the rankings and
we are working for it. We're proceeding in a planned, programmed manner. We
have already worked on the reforms that we will carry out next year.”
Stating
that the coordination will be carried out by Vice President Fuat Oktay this
year, Hisarcıklıoğlu said, “The fact that our Vice President, Mr. Fuat Oktay,
will personally carry out this process gives a meaningful message to both the
private sector and foreign investors. Mr. Fuat Oktay is a statesman who brings
the whole government to the service of its citizens with the e-government
project and prioritizes the citizen. With the same approach, we will facilitate
the work of our businesses together.”