{"id":60552,"date":"2020-01-27T12:35:18","date_gmt":"2020-01-27T07:35:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=60552"},"modified":"2020-06-29T17:47:58","modified_gmt":"2020-06-29T12:47:58","slug":"us-think-tank-reports-rise-pakistans-economic-freedom","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/us-think-tank-reports-rise-pakistans-economic-freedom.html","title":{"rendered":"US think tank reports rise in Pakistan&#8217;s economic freedom"},"content":{"rendered":"\n<p>Islamabad: The Economic Freedom Index 2019 \u2013 compiled by the Washington-based Heritage Foundation \u2013 has notified Pakistan\u2019s ascent by 0.6 points from its 2018 position in terms of the scale\u2019s overall economic freedom measures, according to news sources. The thinks tank has given the country a score of 55.0 (on a 0-100 scale), ranking Pakistan as the 131st freest economy out of a total 186 list entries.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/boi-expects-pakistans-ease-of-doing-business-ranking-to-improve.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"BoI expects Pakistan\u2019s \u2018Ease of Doing Business\u2019 ranking to improve (opens in a new tab)\">BoI expects Pakistan\u2019s \u2018Ease of Doing Business\u2019 ranking to improve<\/a><\/p>\n\n\n\n<p>The report associated this improved economic freedom to improved judicial effectiveness and <a href=\"https:\/\/www.zameen.com\/forum\/discussions\/laws_and_regulations\/the_troubles_with_qabza_mafia-32881.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"property rights (opens in a new tab)\">property rights<\/a> implementation; offsetting the country\u2019s parallel declines in monetary freedom and fiscal health. Pakistan achieved the same index ranking in 2018 with a score of 54.4 \u2013 with an overall increase of 1.6 points from its 2017 position.<\/p>\n\n\n\n<p>The Economic Freedom Index measures a country\u2019s economic freedom by analysing its rule of law, regulatory effectiveness, government size, and open market access profiles. The research data compiled for its tabulation is later shared with investors, financiers, businesspersons, policymakers, academics, journalists, students, and teachers. <\/p>\n\n\n\n<p> <strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/pakistans-b-credit-rating-remain-unchanged-fitch-ratings.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" Pakistan\u2019s \u2018B-\u2019 credit rating to remain unchanged: Fitch Ratings (opens in a new tab)\"> Pakistan\u2019s \u2018B-\u2019 credit rating to remain unchanged: Fitch Ratings<\/a><\/p>\n\n\n\n<p>This latest Heritage Foundation\nreport approximates Pakistan\u2019s population to 197.3 million people and estimates\nits gross domestic product based on purchasing power parity (GDP-PPP) at USD\n1.1 trillion (with a 5.3% growth and a 4.3% 5-year compound annual growth\nreading). Further, it records the country\u2019s per capita income at USD 5,358 and\ninflation at 4.1%; while calculating Pakistan\u2019s Foreign Direct Investment (FDI)\ninflow at USD 2.8 billion.<\/p>\n\n\n\n<p>The report further notes that Pakistan\u2019s tax regulations are still complex despite the government\u2019s implemented reforms; although some aspects of <a href=\"https:\/\/www.zameen.com\/news\/moody-ranks-pakistans-economic-outlook-stable.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"economic freedom (opens in a new tab)\">economic freedom<\/a> have shown growth in recent years. It goes on to comment how decades of mismanaged governance and low foreign investments have caused underdevelopment and erratic growth. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Economic Freedom Index 2019 \u2013 compiled by the Washington-based Heritage Foundation \u2013 has notified Pakistan\u2019s ascent by 0.6 points from its 2018 position in terms of the scale\u2019s overall economic freedom measures, according to news sources. The thinks tank has given the country a score of 55.0 (on a 0-100 scale), ranking Pakistan as the 131st freest economy out of a total 186 list entries. Read: BoI expects Pakistan\u2019s \u2018Ease of Doing Business\u2019 ranking to improve The report associated this improved economic freedom to improved judicial effectiveness and property rights implementation; offsetting the country\u2019s parallel declines in monetary freedom and fiscal health. Pakistan achieved the same index ranking in 2018 with a score of 54.4 \u2013 with an overall increase of 1.6 points from its 2017 position. The Economic Freedom Index measures a country\u2019s economic freedom by analysing its rule of law, regulatory effectiveness, government size, and open market access profiles. The research data compiled for its tabulation is later shared with investors, financiers, businesspersons, policymakers, academics, journalists, students, and teachers. Read: Pakistan\u2019s \u2018B-\u2019 credit rating to remain unchanged: Fitch Ratings This latest Heritage Foundation report approximates Pakistan\u2019s population to 197.3 million people and estimates its gross domestic&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60553,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[16434,16435],"persona":[],"class_list":{"0":"post-60552","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-economic-freedom-index","10":"tag-heritage-foundation","11":"cat-15016-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US think tank reports rise in Pakistan&#039;s economic freedom - Zameen News<\/title>\n<meta name=\"description\" content=\"The Economic Freedom Index 2019 \u2013 compiled by the Washington-based Heritage Foundation \u2013 has notified Pakistan\u2019s ascent by 0.6 points.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/us-think-tank-reports-rise-pakistans-economic-freedom.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US think tank reports rise in Pakistan&#039;s economic freedom - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Economic Freedom Index 2019 \u2013 compiled by the Washington-based Heritage Foundation \u2013 has notified Pakistan\u2019s ascent by 0.6 points.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/us-think-tank-reports-rise-pakistans-economic-freedom.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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