Help us improve this section of the site. Can we get your feedback? Click here

DataBank

Metadata Glossary

CodeIQ.CPA.FINQ.XQ
Indicator NameCPIA quality of budgetary and financial management rating (1=low to 6=high)
Long definitionQuality of budgetary and financial management assesses the extent to which there is a comprehensive and credible budget linked to policy priorities, effective financial management systems, and timely and accurate accounting and fiscal reporting, including timely and audited public accounts.
SourceWorld Bank Group, CPIA database (http://www.worldbank.org/ida).
TopicPublic Sector: Policy & institutions
PeriodicityAnnual
Aggregation methodUnweighted average
Limitations and exceptionsThe CPIA exercise is intended to capture the quality of a country's policies and institutional arrangements, focusing on key elements that are within the country's control, rather than on outcomes (such as economic growth rates) that are influenced by events beyond the country's control. More specifically, the CPIA measures the extent to which a country's policy and institutional framework supports sustainable growth and poverty reduction and, consequently, the effective use of development assistance.
^