Dubai-Mubasher: The UAE came first in the Independent Australia ranking on economic management (IAREM) that is published annually, according to a report.
Singapore ranked second after losing top spot to the UAE, followed by Norway and Switzerland.
The report added that “the wipeout dumped Australia in ninth place.”
The UAE scored 33.73 points in 2015, a rise of 2.97 points from 30.76 points in 2014.
Moreover, the UAE ranked third in the annual Index of Economic Freedom that is published by Heritage Foundation, after getting 82.8 out of 100 points.