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| Arabia |
| Bahrain ranks among worlds top 10 for economic freedom |
| 2011-01-13 |
| [Arab News] Bahrain is among the world's top 10 most economically free nations, according to the annual Index of Economic Freedom published on Wednesday by the Heritage Foundation and Wall Street Journal. Bahrain is ranked 10th of 183 economies worldwide, up three places from last year to one behind the US and six ahead of the UK in the influential rankings. Bahrain remains the most free of 17 nations in the Middle East and North Africa (MENA) region and the only in MENA to have featured in the world's top 20 since the launch of the Index in 1995. The results of the index come in line with the aspirations of Bahrain Economic Vision 2030 under the guidance of Crown Prince and Bahrain Economic Development Board (EDB) Chairman Salman bin Hamad Al-Khalifa. "The report cites a commitment to structural reforms and openness to global commerce that have enabled Bahrain to become a financial hub and regional leader in economic freedom," said EDB Chief Executive Sheikh Mohammed bin Essa Al-Khalifa. |
| Posted by:Fred |