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Singapore Has World’s Freest Economy in Heritage Foundation Rankings

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Singapore keeps punching above its weight, demonstrating to the world the concrete benefit of preserving transparency, openness, and efficiency, which are the hallmarks of economic freedom.

For the third year in a row since 2020, when Singapore eclipsed Hong Kong, the small but vibrant Asian country has been top-rated in The Heritage Foundation’s annual Index of Economic Freedom, a global study that tracks economic governance and competitiveness based on the key pillars of the…

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