PanArmenian News Network
July 27 2005
ARMENIA- ONLY CIS STATE WITH `PARTLY FREE ECONOMY’
27.07.2005 03:52
/PanARMENIAN.Net/ According the Economic Freedom of the World, 2005
Annual Report issued by Heritage and Wall Street Journal Armenia
(42-nd position) is the only CIS member-state that was included in
the list of the countries with `partly free economy’. As compared to
last year the index of Georgia lowered with 0.15 scores and made
3.24. Thus occupying the 100-th position Georgia is among the states
with `mostly not free economy’. Azerbaijan shares the 103-rd position
with Chad and Egypt. According to the report, the situation in Turkey
is worse. It occupies the 112-th position. Russia is the 124-th. The
US and Switzerland are the 12-th and the 13-th respectively. The
economy of Hong Kong was rated as freest, RFE/RL reports.
Disclaimer: This article was contributed and translated into English by Nanijanian Alex. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2005/07/28/armenia-only-cis-state-with-partly-free-economy/