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Saturday, September 19, 2009

Nepal Drops in economic freedom ranking

A global report on Economic Freedom 2009 has ranked Nepal at the 129th position among 141 countries, indicating that the country lacks adequate policy encouragement, access to money and freedom to trade, which are vitally important to build prosperity and reduce poverty. Nepal´s rank for the year is down by a spot, as the Fraser Institute -- Canada´s leading economic think tank that produces the report -- had ranked Nepal at the 128th position in its last year´s report

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