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KPMG is rubbing its hands over privatization fever in Brazil. “Initiatives are currently underway to reorganize and streamline the previously scattered infrastructure procurement process for much higher efficiency and participation—including enhanced governance concerning approval and tendering of projects and efforts to minimize or combine the number of authorities and ministries involved.”
Source: KPMG
The next phase of the federal government’s privatisation program will focus on ‘public private partnerships’ says Alex Okoh, the Director General of the Bureau of Public Enterprises (BPE). Among the first targets: housing. “The new phase targets reforms mostly in the utility and infrastructure sectors which include; water resources, railways airports and highways.” Okoh stated this “when he received a Word Bank delegation led by the Senior Economist (Economics and Private Sector Development), Mr. Volker Treichel which visited the Bureau’s head office in Abuja [and] said this was aimed at correcting the infrastructural deficit in the country.”
Source: pop-client
Rio Grande do Sul state has launched an initiative to promote concessions and “public-private partnerships” (PPPs). “The government started the ‘RS Parcerias’ program to structure and present infrastructure projects for investors. ‘What we are doing in this act is to demonstrate that Rio Grande do Sul has made a very strong and clear decision regarding the partnership with the private sector. We are not thinking about how we can solve this problem. We are saying clearly that the government is aware that the state government alone is not the answer to all the needs of the population, said state governor Eduardo Leite. (…) Concessions for the RSC-287 and ERS-324 highways, state capital Porto Alegre's central bus station, and Sapucaia do Sul zoo are the first projects in the PPP program. Together they demand a 3.4bn-real (US$883mn) investment over 30 years. The government is weighing PPPs for 752km of highways, currently administrated by the state, along with PPPs for local port waterways and school building.”
The report provides the most comprehensive independent assessment of the implementation of the 2030 Agenda and its Sustainable Development Goals (SDGs). In recent decades, the combination of neoliberal ideology, corporate lobbying, business-friendly fiscal policies, tax avoidance and tax evasion has led to a massive weakening of the public sector and its ability to provide essential goods and services.
Australian Asset recycling schemes, which were also advocated by the U.S. Trump administration, have been criticized as inefficient, unnecessary and as driving costly and inappropriate public asset sales and ‘public-private partnerships’ (P3s).
In a new Economic Policy Institute report, “No Free Bridge,” researcher Hunter Blair shows just why these partnerships are far from a “eureka” moment for America’s infrastructure woes. “The idea that P3s allow infrastructure to be built for free is economic snake oil,” Blair said.
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CSOs as equal partners in monitoring public finance started from 2016 with the aim to improve accountability and transparency of the public finance in targeted countries and strengthen Civil Society Organisations’ (CSOs) role and voice in monitoring the institutions’ performance in that area. Key project activities are research and monitoring, advocacy, capacity building and transfer of knowledge/practices and networking in the field of the 4 specific topics: • public debt, • public-private partnerships, • tax equity and • infrastructure projects. More about the project and our work can be found here: https://www.facebook.com/BalkanMonitoringPublicFinance/