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Armenia Has The Highest Economic Freedom Among Cis Countries Accordi

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  • Armenia Has The Highest Economic Freedom Among Cis Countries Accordi

    ARMENIA HAS THE HIGHEST ECONOMIC FREEDOM AMONG CIS COUNTRIES ACCORDING TO HERITAGE FOUNDATION

    http://vestnikkavkaza.net/news/economy/35672.html
    10 January 2013 - 3:43pm

    According to research conducted by an American institution, the
    Heritage Foundation, Armenia has progressed in terms of economic
    freedom and holds 38th position out of 177 in 2012. The country has
    been placed ahead of all CIS countries.

    The level of freedom of the Armenian economy is estimated at 69.4
    points.

    In the European region, consisting of 43 countries, Armenia holds
    17th position in terms of economic freedom.

    The Index of Economic Freedom 2013 is headed by four countries of the
    Asia-Pacific region - Hong Kong (89.3 points), Singapore (88 points),
    Australia (82.6 points) and New Zealand (81.4 points). Switzerland
    is in fourth position with 81 points.

    Georgia holds 21st place and is leader in its region. Azerbaijan was
    given 88th place, Russia - 139th.

    The Prime Minister of Armenia, Tigran Sargsyan, said that the good
    figures of economic freedom will contribute to attracting more foreign
    investors to the country, Arka reports.


    From: Baghdasarian
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