About the Index of Economic Freedom 2018 The principles of economic freedom are measured in the Index of Economic Freedom, an annual guide published by The Heritage Foundation, Washington’s No. 1 think tank. For over twenty years the Index has delivered thoughtful analysis in a clear, friendly, and straight-forward format. The Index covers 12 freedoms – from property rights to financial freedom – in 186 countries. The 2018 Index measures economic freedom based on 12 quantitative and qualitative factors, grouped into four broad categories, or pillars, of economic freedom: Rule of Law (property rights, government integrity, judicial effectiveness) Government Size (government spending, tax burden, fiscal health) Regulatory Efficiency (business freedom, labor freedom, monetary freedom) Open Markets (trade freedom, investment freedom, financial freedom) Each of the twelve economic freedoms within these categories is graded on a scale of 0 to 100. A country’s overall score is derived by averaging these twelve economic freedoms, with equal weight being given to each. Rank Country Overall Change Mostly free 7 Estonia 78.8 -0.03 16 Georgia 76.2 +0.2 19 Lithuania 75.3 -0.5 28 Latvia 73.6 -1.2 Moderately free 67 Azerbaijan 64.3 +0.7 78 Kyrgyzstan 62.8 +1.7 41 Kazakhstan 69.1 +0.1 44 Armenia 68.7 -1.6 Mostly unfree 105 Moldova 58.4 +0.4 106 Tajikistan 58.3 +0.1 108 Belarus 58.1 -0.5 150 Ukraine 51.9 +3.8 152 Uzbekistan 51.5 -0.8 Repressed 169 Turkmenistan 47.1 -0.3 Source
Archives for Tajikistan
Small and medium-sized private enterprises in Central Asia will benefit from a new Regional Small Business Programme launched in Almaty Jan 30. The EU-funded project will be managed by the EBRD and will equip financial institutions in Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan with new digital business tools for effective work with small businesses.
Tajikistan and World Bank sign $16.5 million grant agreement on improving of irrigation and food security
The Government of Tajikistan and the World Bank on January 16 signed a $16.5 million grant agreement for the Zarafshon Irrigation Rehabilitation and Management Improvement Project aimed at rehabilitating and improving irrigation management in Tajikistan.
U.S. Congress allocate $15 mln to strengthen C5+1 format on cooperation between the Central Asian countries and the United States
United States is pleased that Central Asia is jointly solving common problems that are the same for the whole region, the partnership in the C5 + 1 format is constructive and productive. In future, such a meeting is planned in Central Asia, at the same time, the U.S. Congress allocated $15 mln to strengthen this format.
The EBRD is part of an international effort to fund the rehabilitation of water systems in Khujand, the second largest city in Tajikistan. The project is supported by Switzerland, Norway and the EBRD Early Transition Countries Fund.
A three-year project, Tajikistan Technical Support to Reduce Micronutrient Deficiencies funded by the USAID and implemented by the Global Alliance for Improved Nutrition (GAIN) has been completed.
The EBRD signed the risk sharing accord with the First MicroFinance Bank. From now on, loans to SMEs in Tajikistan, which represent over 50 percent of the country’s labour force, will be available at a greater extend.
The World Bank Board of Executive Directors on December 15 approved US$ 15 million in additional financing to support the ongoing Agriculture Commercialization Project in Tajikistan.
Tajikistan’s First MicroFinance Bank has become the latest financial institution in the country to join the EBRD’s Climate Resilience Financing Facility, a programme designed to promote the private sector’s resilience to the effects of climate change.