Economic management (Cluster A) covers the quality of three closely related policy areas: monetary and exchange rate, fiscal, and debt. The CPIA score for the economic management cluster and the components of this cluster reflect the overall prudent stance of policies in Sub-Saharan African countries, the flexibility of policies to respond to shocks, and the appropriate use of policy buffers. The 2016 average scores for the region’s 38 IDA countries are monetary and exchange rate policy, 3.3; fiscal policy, 3.0; and debt policy, 3.2. The score for cluster A fell to 3.2 in 2016, as the quality of economic management continued the downward trend that began in 2014. Over a third of the countries—13 countries of the 38 IDA countries in the region—registered a deterioration in the quality of economic management.
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