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11:00 | Aug 14 | 2014

Yakutia - Economically Developed Region for Business

 Analytical Center of SME Bank (Bank to support the development of small and medium-sized enterprises) in the ranking of "Index of conditions quality for small and medium-sized businesses in 2012-2013": regional imbalances" included Yakutia in the list of Economically Developed Territorial Entities of the Russian Federation, thus expressing that the region has a good business climate.

Yamal, Nenets and Khanty-Mansi Autonomous districts, Tatarstan are there in the same group - said "Rossiyskaya Gazeta". Contrary to popular belief - the closer to the center, the businesses are better off, the Chernozem regions are among the leaders of the rating. Rating of "A" and "A-" was received by Belgorod, Voronezh, Kursk and Lipetsk regions, the Krasnodar Territory. Still in the strongest group - Moscow and Leningrad Regions, Moscow, St. Petersburg. Leading regions are characterized by a coherent integrated working with SMEs. It means subsidizing interest on loans and certain tax preferences, and low administrative barriers.

The group "B" consists of the Republic of Komi, Bashkortostan, Adygea, Sakhalin, Tambov, Omsk, Rostov, Samara regions and others. The group "C" - strong regions-average performers – consists of thirty regions, including Ingushetia, Tula, Arkhangelsk, Astrakhan, Bryansk, Ivanovo region and others. According to analysts it is impossible to improve their situation on a short term horizon; some comprehensive solutions are needed to mitigate the business climate.

A significant part of the regions belonging to a group of laggards - «D» - are located at some distance from the central part of the country. These are, in particular, Dagestan, Kalmykia, Smolensk, Kirov, Volgograd regions. Their low positions can be explained by the weak development of local markets and difficulties with access to the outside due to the lack of well-developed infrastructure.

Among the outsiders - North Ossetia-Alania, Tuva. They are rated "E". The main hindrances to doing business in the regions are the lack of clear support programs for small and medium businesses, bureaucratic difficulties, increased risk of corruption, the low purchasing power of the population.

Resource:

Alexander Struchkov, Chief Counsellor of the Permanent Mission of the Republic of Sakha (Yakutia) to the President of the Russian Federation.