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How sound fiscal management can build PPP resilience

Around the world, countries increasingly use public-private partnerships (PPPs) to accelerate investment in much-needed infrastructure. While PPPs provide an important tool for governments, PPPs are also sensitive to economic ups and downs as the COVID-19 pandemic demonstrated with a 52 per cent drop in investments committed following the economic slowdown in 2019 and numerous
United States South Africa World Bank Fiscal Implications Resilient Manner Fiscal Commitment

Ready for the rainy day: How sound fiscal management can build PPP resilience

While PPPs provide an important tool for governments, they are sensitive to economic ups and downs. A new World Bank study shows a sound and practical Fiscal Commitment and Contingent Liabilities (FCCL) framework can help manage PPPs’ fiscal risks and sustain benefits.
United States South Africa World Bank Fiscal Implications Resilient Manner Fiscal Commitment

India and other BRIICS nations could face huge revenue gap if they don't decarbonize now: Report

As the world has pledged to transition towards cleaner energy to combat climate change, a latest report said the governments of Brazil, Russia, India, Indonesia, China and South Africa (BRIICS) need to act now to decarbonize and start adjusting their fiscal policies to account for declining fossil fuel use or they could face a USD 278 billion revenue gap by 2030.
South Africa Tara Laan International Institute For Sustainable Development Fiscal Implications Fossil Fuel Phase Out Six Large Emerging Economie

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India will have to bear steep cut in fossil fuel revenues to limit global warming to 1.5 deg C: Report

In the 2015 Paris Agreement, countries agreed to hold "the increase in the global average temperature to well below 2 degrees Celsius and to pursue efforts to limit the temperature increase to 1.5-degree celsius".
South Africa France General Tara Laan International Institute For Sustainable Development International Institute Sustainable Development

India will have to bear steep cut in fossil fuel revenues to limit global warming to 1.5 deg C — Report

New Delhi, July 7 (PTI): India will have to bear a steep fall in revenues from fossil fuels in its efforts to limit global warming to 1.5 degrees Celsius, but advance planning can avoid shortfalls in total revenues, according to a new report by the International Institute for Sustainable Development (IISD). India earned a revenue of USD 92.9 billion from fossil fuel production and consumption in 2019 which accounted for 18 per cent of its total government revenue. It could fall to around 65 per ...
France General New Delhi South Africa Tara Laan International Institute For Sustainable Development International Institute

How Should Sri Lanka Finance COVID-19 Vaccination Rollout?

How Should Sri Lanka Finance COVID-19 Vaccination Rollout? Daily News (via HT Media Ltd.) An effective vaccination strategy is a necessity for countries to move beyond COVID-19. However, it also requires careful policymaking to balance the financial cost of purchasing and delivering vaccines while stimulating economic growth. This article, based on a recent IPS analysis, provides an overview of the approximate costs associated with the COVID-19 vaccination rollout in Sri Lanka a...
Sri Lanka Sri Lankans Harini Weerasekera Kithmina Hewage Research Economist University Of Colombo
Source: msn.com

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