Minsk, Belarus, June 12, 2013— A
new survey from IFC, a member of the World Bank Group, shows that Belarus
has made progress in simplifying administrative procedures for businesses,
helping create jobs and helping the economy to grow.
The study, Business Environment in Belarus
2013, surveyed 1,266 senior managers and owners of small and medium enterprises
(SMEs). It concludes that regulatory changes enacted over the last three
years have made the system of permits, inspections, and licensing more
efficient and cheaper across the country and in diverse sectors.
“The survey demonstrates that Belarus
has made a number of steps towards creating a simpler and more efficient
system of business regulations,” said Rufat Alimardanov, IFC Regional
Manager for Ukraine and Belarus. “It also highlights areas for further
improvements in implementing these regulations and introducing bolder reforms
to realize the potential of the private sector. We will continue our work
to promote a competitive and fair business environment and support dialogue
between government and business.”
The survey, conducted by the World Bank
Group’s Regulatory Simplification and Investment Generation project in
Belarus, found that the elimination of some permits has made it far easier
for SMEs to comply with the permit system. Now only 18 percent of SMEs
require a permit compared with 39 percent in 2009.
Licensing procedures have been eased,
with nearly 56 percent of the companies polled in the survey reporting
no serious difficulties in obtaining a license.
The number of companies inspected and
frequency of inspections was also reduced. However, most businesses surveyed
said the inspection system in Belarus remained a more punitive, rather
than preventive, system.
The study established that the government
needs to ensure equal market conditions for both private sector companies
and state firms, guarantee consistency of legislation, and help achieve
better access to finance for small and medium companies so that local entrepreneurs
can benefit from the regulatory changes.
The World Bank Group Regulatory Simplification and Investment Generation
Project in Belarus is supported with funds from the
United States Agency for International Development (USAID),
International Development Cooperation Agency (Sida),
Austrian Ministry of Finance.
For more about the report, visit http://www.ifc.org/belarus/ic
IFC, a member of the World Bank Group,
is the largest global development institution focused exclusively on the
private sector. We help developing countries achieve sustainable growth
by financing investment, mobilizing capital in international financial
markets, and providing advisory services to businesses and governments.
In FY12, our investments reached an all-time high of more than $20 billion,
leveraging the power of the private sector to create jobs, spark innovation,
and tackle the world’s most pressing development challenges. For more
information, visit www.ifc.org.
About the Investment Climate Advisory
Services of the World Bank Group
Investment Climate Advisory Services
of the World Bank Group helps governments implement reforms to improve
their business environments and encourage and retain investment, thus fostering
competitive markets, growth, and job creation. Funding is provided by the
World Bank Group (IFC, MIGA, and the World Bank) and over 15 donor partners
working through the multi-donor FIAS platform.