Kuwait 98th in economic freedom – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Kuwait 98th in economic freedom – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

BARC of London invests in ME, Kuwait

KUWAIT CITY, Dec 19: Kuwait rose 4 ranks in the Human Freedom Index for the year 2021 issued by the Canadian ‘Fraser’ Institute and the American ‘Cato’ Institute, and ranked 121 in the world, while it came fourth in the Arab world and first in the Gulf in the same index, while it ranked 98 globally in economic freedom, reports Al- Rai daily. The index’s methodology is based on ranking 165 countries based on 3 main indicators: personal, civil and economic freedom. This seventh annual indicator uses 82 sub-indicators to measure personal and economic freedom in the following areas: rules of law, security and safety, movement, religious belief, unions, assembly and civil society, expression and information, relations, size of government, legal system and property rights, money and international trade. In the index of personal freedom, Kuwait ranked 120th in the world, and in the Gulf, Bahrain came first in the index of economic freedom, followed by the UAE second, then Qatar third, Saudi Arabia fourth, Kuwait fifth, and finally Oman.