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“Treasury's Office of Technical Assistance helped governments strengthen public-private partnerships to finance infrastructure development”

In testimony before the U.S. Congress, Under Secretary for International Affairs David Malpass tells lawmakers that “in Colombia, Indonesia and Uganda, Treasury's Office of Technical Assistance (OTA) helped governments strengthen public-private partnerships to finance infrastructure development in ways that mobilize private capital.”

Source: www.foreign.senate.gov

The infrastructure privatization through “asset recycling"

The chairman of Industry Super Australia, which manages money for public pension funds, is pushing “a future Shorten government” to adopt infrastructure privatization through “asset recycling.” But the Australian Financial Review also reports that “at the upcoming ALP National Conference, the CFMEU and TWU will bring a resolution to ‘turf banks out of superannuation.’”

Source: Australian Financial Review

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Spotlight on Sustainable Development 2018

"The world is off-track in terms of achieving sustainable development and fundamental policy changes are necessary to unleash the transformative potential of the SDGs.” This is the main message of the Spotlight Report 2018, the most comprehensive independent assessment of the implementation of the 2030 Agenda. The report was launched on 9 July, the opening day of the High Level Political Forum at the United Nations in New York by a global coalition of civil society organizations and trade unions.

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Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?

In light of a cautious emphasis given to public-private partnerships (PPPs) as a mechanism to finance infrastructure projects and highlighting the need for capacity building and knowledge sharing at the Third International Conference on Financing for Development in Addis Ababa, this paper reviews the extant literature on the subject and identifies areas requiring better understanding and institutional innovation for ensuring value for money, minimizing contingent fiscal risk and improving accountability. This paper will discuss recent findings on the effectiveness of PPPs and reflect on their suitability as a key vehicle to implement the 2030 Agenda for Sustainable Development.

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CSOs as equal partners in monitoring public finance

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/

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