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Brunei ranks 4th in ASEAN economic freedom

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BRUNEI is ranked fourth among its Southeast Asian peers in 2013 when it comes to economic freedom, according to a recent report published by a Canadian think tank.

In the Economic Freedom of the World (EFW) 2015 report by the Fraser Institute, the sultanate placed 62nd out of 157 economies and scored a 7.18 rating out of 10 in the index. Hong Kong and Singapore topped the global index, with a rating of 8.97 and 8.52, respectively.

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