EM Policy Credibility — Weekly Briefing (2026-09-21)
Republic of Congo's policy credibility contracted sharply as its credibility gap widened this week, posting the panel's steepest decline.
- Congo credibility gap: Score fell 4.9 points to 47.4 from a -23.8 credibility gap deterioration.
- Burundi credibility recovery: Score rose 4.6 points to 50.1 from a +28.9 credibility gap improvement.
- Timor-Leste growth weakness: Score fell 3.9 points to 59.7 amid a -30.0 growth component decline.
- Algeria credibility pressure: Score fell 3.6 points to 48.7 from a -13.9 credibility gap deterioration.
- Georgia credibility advance: Score rose 3.0 points to 51.1 from a +11.1 credibility gap improvement.
Eleven data sources reported degradation this week, limiting the completeness of the credibility picture.
Movers
| Country | Before | After | Change | Driver |
|---|---|---|---|---|
| Congo, Rep. (COG) | 52.3 | 47.4 | -4.9 | Credibility Gap |
| Burundi (BDI) | 45.5 | 50.1 | +4.6 | Credibility Gap |
| Timor-Leste (TLS) | 63.7 | 59.7 | -3.9 | Growth |
| Algeria (DZA) | 52.3 | 48.7 | -3.6 | Credibility Gap |
| Georgia (GEO) | 48.1 | 51.1 | +3.0 | Credibility Gap |
Data caveat: the following sources are currently degraded and may lag: BIS_POLICY_RATES, EMBER, EPU, EUROSTAT, FAO, FRED_CPI, ILO_CPI, IMF_CTOT, IMF_IFS_CPI, OECD_CPI, WB_NIGHTLIGHTS.