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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

Kenya in major policy shift on support for PPPs

Over 70 projects being implemented under the public-private partnership framework in Kenya face an uncertain future, after a government decision to withdraw financial and risk guarantees. Despite a push by the government for the private sector to be actively involved in cash-intensive infrastructure projects, the National Treasury has unveiled a new policy that is bound to have far-reaching ramifications for PPP projects.

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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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