Monday, July 2, 2012

World Bank ranks Kenya third on policy performance



World Bank has ranked Kenya as the third best policy performer out of 16 African countries on improvement of policies and institutions vital for development. Kenya was behind top performers Cape Verde (4.0) and Ghana after scoring 3.8 out of a possible 6.0 points in the 2011 assessment.
The ranking, which is part of the annual World Bank County Policy and Institutional Assessment (CPIA), is based on structural policies, economic management, policies of social inclusion and equity and public sector management and institutions.  
The major improvements were as a result of Kenya's debt management, regulatory, legal and infrastructural framework to support financial services. 

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