This course will prepare authorities from ministries of finance, public agencies and state-owned enterprises involved in the delivery of public infrastructure to use public-private partnerships (PPPs), without adversely affecting fiscal sustainability.
The course reviews the general structure of a PPP, introducing the difference between financing and funding and extending the concept to the different types of public support. Varying alternatives of public support generate diverse groups of commitments, affecting both budgetary and long-term fiscal sustainability of a project. Participants will explore the PPP fiscal risk assessment model (PFRAM) developed by the International Monetary Fund and the World Bank, delving deep into its logic through real-world examples of its use.
Through presentations, case studies, and simulated exercises, participants gain knowledge and skills that are used to develop action plans for addressing fiscal risk management of PPP in their own countries.
Through successful completion of this course, participants will be able to:
Who Will Benefit