The Government of Indonesia has reduced the number of days required to start up a business from 105 days to 76 days as well as the cost and number of procedures. Additionally borrowers now are able to inspect their credit data at Bank of Indonesia which helps to improve the quality and accuracy of the information financial institutions use in assessing the risk profiles of borrowers.
These reforms are among those reported in the Doing Business 2009 Report which was officially released today in Washington DC.
Source: http://web.worldbank.org
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