Kuwait ranks 108 on Index of Economic Freedom for 2023 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 23-Mar-2023
- Source: Arab Times Kuwait
- Sector:Financial Services
- Country:Kuwait
Kuwait ranks 108 on Index of Economic Freedom for 2023 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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Corruption still undermines development prospects
KUWAIT CITY, March 22: Kuwait fell seven places in the Economic Freedom Index for the year 2023 issued by the American “Heritage” organization, ranking 108 this year out of a total of 176 countries, reports Al-Qabas daily. The index ranked Kuwait this year among the most economically unfree countries. Its ranking in the previous report was moderate economically free. Kuwait ranked last among the Gulf countries. The UAE, Qatar and Bahrain came first, second and third respectively in the region, followed by Oman in fourth place and Saudi Arabia in fifth.