Clients wait in line to enter a Banco Metroplitano financial institution department in Havana, Cuba, on Tuesday, July 13, 2021. The pandemic devastated Cuba’s financial system and as tourism dried up, the financial system shrank 11% in 2020, based on Economic system Minister Alejandro Gil. Photographer: Natalia Favre/Bloomberg by way of Getty Photos

By NAN Enterprise Editor

Information Americas, NEW YORK, NY, Fri. July 16, 2021: The Heritage Basis is out with its Index of Financial Freedom rank for 184 international economies, which covers 12 freedoms – from property rights to monetary freedom. The report exhibits that whereas many Caribbean nations, except a couple of, are rating extraordinarily excessive on Tax Burden and Funding Freedoms, most except Dominica at 51 p.c, scored 50 p.c or under in relation to authorities integrity.

Right here’s the place the Caribbean ranks on a few of these necessary freedoms, with scores nearer to 100 proving financial freedom.

Nation General Authorities Integrity Tax Burden Funding Freedom
Barbados 65 50.2 79.3 70
Cuba 28.1  48.7 47.1 10
Belize 57.5 36.3 78.7 55
Dominica 53 51 70 70
Dominican Republic 62.1  34.6 91.7 70
Guyana 57.4 38.5 64.6 55
Haiti 50.8 22 80.2 45
Jamaica 69 47.7 79.7 80
Saint Lucia 67.5 44.6 76.9 65
Saint Vincent and the Grenadines 66.3 48.7 74.9 70
Suriname 46.4 38.5 70 40
The Bahamas 64.6 47.5 97.1 50
Trinidad And Tobago 59 36.4 79.5 60