Initiated by the Bank in the late 1970s, CPIAs consist of a set of criteria representing the different policy and institutional dimensions of an effective poverty reduction and growth strategy (e.g quality of budgetary and financial management, debt policy, gender equality…), and are intended to guide the allocation of IDA lending resources. For each criterion, countries are rated on a scale of 1 (very weak performance) to 6 (very strong performance), and a total rating for each country is calculated.
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
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