Hon Dr Michael Cullen
Minister of Finance
13 September 2005 Media Statement

NZ rated top country in the world for doing business

“New Zealand has again been rated the top country in the world for ease of doing business,” Finance Minister Michael Cullen said today.

“The rating, in the Doing Business in 2006 report prepared by the World Bank and the International Finance Corporation, puts us ahead of 154 other countries.

“Others in the top five, in order, are Singapore, the US, Canada and Australia.

“The areas measured are starting a business; hiring and firing workers; enforcing contracts; registering property; getting credit; protecting investors and closing a business.

“That New Zealand should compare so well internationally is a credit to the quality of our regulatory regime and to the government’s economic management,” Dr Cullen said.

Refer http://web.worldbank.org/WEBSITE/EXTERNAL/NEWS/0

ENDS

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