Business

‘Adopt country policy’

ESTHER MSETEKA, Lusaka
ZAMBIA needs to adopt its Country Policy and Institutional Assessment (CPIA) to effectively coordinate and monitor the implementation of policies to yield immediate financial returns from the World Bank.
CPIA is a rating strategy of countries against a set of 16 criteria grouped in four clusters that include economic management, structural policies, policies for social inclusion and equity, as well as public sector management and institutions by the bank.
Giving an update on the performance of the 2017 CPIA on Africa on Wednesday, World Bank chief economist for Africa region Albert Zeufack said the tool is important for Zambia and other African countries to grow economically.
Dr Zeufack said most countries have started adopting the CPIA to modernise and coordinate activities of their governments.http://epaper.daily-mail.co.zm/

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