Correspondent|ZIMBABWE is ranked the 7th world’s worst economically free country, according to the Heritage Foundation’s 2018 Index of Economic Freedom as measured by the rule of law, government size, regulatory efficiency and open markets.

In sub-Saharan Africa, Zimbabwe is also ranked very lowly, only economically freer than Somalia, Congo, Eritrea and the Equatorial Guinea.

The rankings take into comsideration the following 12 constructs and these include:

Business Freedom
Labor Freedom
Monetary Freedom
Property Rights
Judicial Effectiveness
Government Integrity
Tax Burden
Government Spending
Fiscal Health
Trade Freedom
Investment Freedom
Financial Freedom; among others.

Commenting on the rankings, Team Pachedu said: “Zimbabwean Government spending is just too much, our economic situation demands the rationalisation of the economy and it begins by reducing the size of the parliament.”