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GROWTH ORIENTED REFORMS EASE OF DOING BUSINESS | 2020 New Zealand 1 Singapore Denmark USA Georgia UK Norway Lithuania Estonia Latvia Germany Kazakhstan Russia Turkey Azerbaijan Poland Czech Rep. Armenia Ukraine 6189 11 18 ECONOMIC FREEDOM INDEX | 2021 18121620 Source: Heritage Foundation Top 7 in Europe region out of 46 countries Source: WB-IFC Doing Business Report UK Estonia Georgia #1 in Europe and Central Asia Region Lithuania USA Czech Rep. 19 22 25 28 33 34 40 41 47 64 GLOBAL CORRUPTION BAROMETER | 2017 Source: Transparency International Germany Georgia Poland Czech Rep. Slovakia Latvia Montenegro Bulgaria Turkey Lithuania Armenia Bosnia & Herz. Romania Kazakhstan Russia Ukraine Azerbaijan Moldova Latvia Armenia Kazakhstan Bulgaria Azerbaijan Poland Romania Hungary France Italy Turkey Russia Ukraine 27 30 32 34 35 38 41 43 55 64 68 76 92 127 BUSINESS BRIBERY RISK | 2020 Source: Trace International 3% 7% 7% % admitting having paid a bribe last year Norway Sweden UK Estonia 2 9 13 9% Singapore 33 15 12% USA 23 15% 16% Georgia is on a par with EU member states France 24 Lithuania 17% Georgia 28 Latvia 18% 34 24% Czech rep. 38 Poland 41 24% 27% 29% 29% 34% 38% 38% 42% Armenia Bulgaria Ukraine Turkey Kazakhstan Russia Azerbaijan Uzbekistan 43 69 98 114 12327 136 150 43

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