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Kazakhstan climbed one place from last year’s position in the annual ranking of the Index of Economic Freedom, reported the Washington-based Heritage Foundation. In the global ranking, the Central Asia’s largest economy is 68th out of 178, while in the Asia-Pacific region Kazakhstan is in 12th place.
The current status of Kazakhstan was evaluated as a country with a moderately free economy. Among major achievements named were trade freedom and management of public finance.
According to the authors of the study, the Kazakh government promised large-scale privatisation reforms in …read more
Source: The Astana Times