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How sound fiscal management can build PPP resilience - Vimarsana News

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

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

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.