Audio By Carbonatix
The World Bank has ranked Ghana among the top five African countries with the most effective government policies and institutions.
In its latest review of policies and institutions in Sub-Saharan Africa, the World Bank says there is an overall stable environment for growth and poverty reduction despite divergence across countries.
The review is part of the annual World Bank Country Policy and Institutional Assessment that rates the performance of poor countries.
The scores of 11 countries rose by 0.1 points or more, reflecting a strengthened policy agenda, and the indices of another 12 countries declined by at least 0.1 points.
Cape Verde and Kenya had the highest scores with South Sudan and Eritrea – both countries suffered deep policy challenges - having the lowest scores.
The World Bank assessment examines 16 key development indicators covering four areas including economic management and structural reforms. It noted that Governance scores, which cover the quality of public sector management and institutions of accountability, continue to lag behind the other areas assessed, reflecting the deep-rooted challenges facing African countries in this important area.
Ghana took its place among the top five African countries in terms of efficiency of government policies and institutions.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
UMB Bank rolls out ‘Legacy Care Plus’ for simpler estate planning
8 minutes -
Kaba and Slit Festival returns on May 1 with celebration of old-school styles, Fugu and Batakari
29 minutes -
Ernest Chemists supports Ghana Prisons as medicine shortage deepens healthcare crisis
33 minutes -
Ghana Book Party debut honours four literary icons on World Book Day
39 minutes -
Chris Hughton: Former Black Stars coach survives cancer
42 minutes -
Queiroz controlled the narrative at unveiling despite GFA ‘decline’ — Nana Agyemang
47 minutes -
AIGS urges Presidency to probe Free Zones CEO over remarks on Pentecost Church Chairman, cites security risks
1 hour -
Republic Bank posts 33.8% profit growth; shareholders hail dividend
1 hour -
Hollard Ghana earns top honours for Broker Excellence at IBAG Conference
1 hour -
Black Stars squad: Amoako Jr, Beres Owusu, Opoku in line for Mexico friendly
1 hour -
Free Zones CEO Dr Mary Awusi apologises to Church of Pentecost Chairman over galamsey remarks
1 hour -
Ghana’s digital finance growth opens new paths for greater consumer awareness
1 hour -
Tarkwa-Nsuaem NPP executives deny boycott, dismiss claims as false
1 hour -
Heat Stress and Health Risks: Caring for Newborns in Tamale’s Rising Heat
2 hours -
NDC Regional Chairmen honour Sammy Gyamfi with citation for leadership
2 hours