By Paul Shalala in
Kampala, Uganda
Zambia is among
13 Sub-Saharan countries which have been commended by the World Bank for
showing a stable and improved policy environment for development.
According to the
2012 CPIA Index which is an annual
assessment of how countries are performing with their development policies to
reduce poverty and spur opportunity, Zambia scored well in the last 12 months.
World Bank Chief
Economist for Africa, Shanta Devarajan has launched the report today in the
French capital Paris.
This latest World Bank review of policies and institutions in Sub-Saharan Africa (SSA) shows an improved policy environment for growth and poverty reduction in 13 of the continent’s poorest countries.
The 13 countries
which have showed improvements comprise: Comoros, Congo Republic, Cote
d’Ivoire, Ethiopia, The Gambia, Guinea, Guinea Bissau, Liberia, Sao Tome and
Principe, Senegal, Togo, Zambia, and Zimbabwe.
More broadly,
most African countries show a stable or improved policy environment for
development. This positive trend is especially important given the more severe
economic climate being weathered by other countries, most notably in the
developed world.