The Ministry of Economy and Commerce of Kyrgyzstan announced the beginning of preparations for participation in the World Bank's Business Ready (B-Ready) program, which will be an important stage in the country's strategy to improve the business environment and stimulate economic growth.

Business Ready, which replaced the well-known index “Doing Business” (Doing Business), is a new tool for analyzing and improving the business environment. The program is aimed at countries with different levels of economic development and provides mechanisms for removing administrative barriers, modernizing the institutional environment and increasing investment attractiveness.

The Ministry of Economy has several key objectives for its participation in B-Ready. These include creating more attractive conditions for foreign and domestic investors, simplifying administrative procedures for entrepreneurs, as well as developing export potential and improving the public administration system. Important attention will be paid to the introduction of modern digital technologies to optimize processes.

The implementation of the program, according to the ministry, will be an important step towards improving the country's competitiveness in the global arena. It will also strengthen the confidence of both local entrepreneurs and international investors, creating a long-term basis for economic reforms.

The preparation of a questionnaire, which will become the basis for the formation of an analytical base, will provide a deeper understanding of the current problems in the country's business environment and outline ways for further transformations.