Economic Index of the World to be released tomorrow

Lahore: President FPCCI Zubair Ahmed Malik on Sunday left for Bangkok to attend three-day annual conference of the Economic Freedom Network Asia.

Experts, business leaders and individuals from twenty-eight countries are scheduled to participate in the conference representing USA, Canada, Malaysia, Philippines, Myanmar, India, Pakistan, Indonesia, and China etc.

The Network releases the Economic Index of the World every year in which all the states are ranked according to their economic performance. This is done in collaboration with the Fraser Institute of Canada and Atlas Foundation of USA.

The Economic Freedom Network is scheduled to bring out its latest report on the world economy tomorrow, on October the 22^nd.

President FPCCI Zubair Ahmed Malik has headed the Economic Freedom Network Pakistan since its inception in 2006. EFN Pakistan has many research publications to its credit and its subjects have also been selected for MBA course by the administration of the Universities of Sindh.

The Network comprising leading economic experts and entrepreneurs who believes in the free market economy and promotes it accordingly, has been actively supported by the Friedrich Naumann Foundation of Germany.

It has been working for promoting open and free markets, stronger property rights for the less powerful, deregulation, privatization, human development, economic growth, political dialogue, public education and academic exchange.

According to Mr Malik, economic freedom is the key to the opportunities and an improved life. It is the freedom to choose how to produce, sell, and use resources owned by an individual or a group, while respecting others rights to do the same.

Economic freedom is an engine that drives prosperity in the world and is the difference between why some societies thrive while others do not.