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 2014 average scores for the region’s 38 IDA countries are monetary and exchange rate policy, 3.5; fiscal policy, 3.2; and debt policy, 3.3. Within the economic management cluster, one area where countries are showing progress is in debt policy and management. Among countries with gains in this area are Chad, Côte d’Ivoire, Democratic Republic of Congo, Madagascar, and Zambia. Overall, the regional score of cluster A declined to 3.3 from 3.4 in 2013, because of weaker fiscal policy performance.

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Cluster Indicators


Created from: World Bank, CPIA

Key Indicators


Macroeconomic Management

Fiscal Policy

Debt Policy