Mozambique slips 14 places in the Index of Economic Freedom

Login

Register

http://www.clubofmozambique.com/

Mozambique slips 14 places in the Index of Economic Freedom

8:51 CAT | 17 Feb 2016

A Bola (File) / A view of Maputo city.

Mozambique has fallen 14 places in the Index of Economic Freedom (IEF), now ranking 139th in the list of 166 countries. At 59th, Cape Verde is the best placed Portuguese-speaking country and third on the African continent, with 66.5 points out of a possible 100, up 0.1 from 2015.

The IEF indicates that Mozambique has improved in only two of the ten indicators used to calculate the index.

In the index, prepared annually by the Heritage Foundation and The Wall Street Journal, Sao Tome and Principe occupies 120th place, up 16 positions from 2015 but still in the “mostly unfree” group, along with Mozambique.

The IEF puts Angola squarely in the group of “repressed economies” at 156th, despite its having climbed two positions from 2015. As for other Portuguese-speaking countries, Portugal is in 64th position and Brazil in the 120th, with Guinea-Bissau remaining in 145th place.

Hong Kong leads the index of 166 countries, followed by Singapore with 87.8 points and New Zealand with 81.6 points.

Source: A Bola