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WB ranks Kenya highly on policy performance
World Bank Chief Economist, Africa Region Shantayanan Devarajan speaking at the launch of the Country Policy and Institutional Assessment (CPIA) scores at the Hotel Intercontinental on June 2, 2012. PHOTO / DIANA NGILA
Posted Monday, July 2 2012 at 11:44
World Bank has ranked Kenya at number three among sixteen countries on improvement of policies and institutions that are important for development.
The bank’s chief economist, Mr Shantayanan Devarajan said Kenya’s performance was impressive compared to other African states.
It scored 3.8 out of the 6 possible points that considered economic management, structural policies, policies of social inclusion and equity and public sector management and institutions.
The top two were Cape Verde and Ghana.
He said the ranking meant Kenya was not among the nations considered to have ‘fragile’ economies.
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