Tajikistan noticeably worsened its position in the rating of economic freedom

6 months ago Web Desk 0

The republic dropped from last year’s 122nd place to 155th, being located among countries with a predominantly unfree economy.

 

Experts of the American research institute Heritage Foundation in the Index of Economic Freedom assessed the economic freedom of 180 countries of the world.

 

The authors of the rating estimated the level of freedom of the economy of Tajikistan at 70.6 points, this indicator decreased by 3.4 points compared to 2019. Thus, the republic dropped from last year’s 122nd place to 155th.

 

«The economy of Tajikistan is growing, but the republic is still one of the poorest in Asia, partially dependent on remittances», – the authors of the rating note.

 

The highest position among the countries of Central Asia is held by Kazakhstan – 39th place. Kyrgyzstan is in 81st place, Uzbekistan – in 114th place.

 

Below Tajikistan, among the countries of the region, only Turkmenistan is located – 170th place. Russia is in 94th place.

 

The ranking was topped by Singapore, Hong Kong, New Zealand, the last places were taken by Cuba, Venezuela and North Korea.

 

Source: Asia Plus