Fiscal risk

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Credit Rating Stylized Analytical Tool

The World Bank has developed a technical assistance (TA) package to assist governments in improving the management of explicit and implicit contingent liabilities from public corporations. It…

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Pandemics and PPP Case Studies

Check out the Municipal Case Stories section for examples on disruptive events or see some examples below.  See Pandemics and PPPs to find out more.

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Managing the Fiscal Implications of Public-Private Partnerships in a Sustainable and Resilient Manner: A Compendium of Good Practices and Lessons Learned from the COVID-19 Pandemic

This report aims to illustrate how to improve fiscal risk management and treatment of FCCL arising from PPP projects, to build better Infrastructure post-COVID-19. It intends to be a resource for…

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Accounting and Tax Due Diligence in Asset Recycling

Besides the technical, commercial, financial and legal due diligence, other assessment includes accounting and tax due diligence, which should consider the following:Accounting due diligenceIdentify…

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Fiscal Risk in PPPs: Defining the Problem

Public-Private Partnerships (PPPs) can sometimes be perceived as a means for delivering infrastructure for free. A more nuanced view is that they are a mechanism to overcome fiscal constraints, a…

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Assessing Fiscal Implications

A proposed PPP project may be feasible and economically viable, and value for money analysis may show that the PPP is the best option to procure it. Nonetheless, the government also needs to decide…

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Fiscal Accounting and Reporting for PPPs

Governments need to account for and report on their financial commitments, including those under PPP contracts—an additional reason for the Ministry of Finance to keep a centralized register of…

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Assessing Fiscal Implications of a PPP Project

Good practice consists of subjecting public investment projects to appraisal and approval processes to determine whether it is a good project. Close integration with the budget process is essential…

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PPP Fiscal Risk Management in China

Presentations for the Third Global Roundtables on Infrastructure Governance and Tools

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Presentation: PPP Fiscal Risk Management

Presentations for the Third Global Roundtables on Infrastructure Governance and Tools

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Insufficient Funds

Infrastructure investment is typically under-funded—that is, most countries are not investing enough to meet strategic objectives, such as universal access or poverty eradication. This suggests that…

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Appraising Potential PPP Projects

Potential PPP projects must undergo an appraisal process to ensure that developing and implementing them makes sense. For any proposed PPP project, there are five key criteria that governments should…

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Public Financial Management Frameworks for PPPs

Typically, PPP contracts have financial implications for governments. Payment commitments under PPP contracts are often long-term, and can be contingent on risk. Types of Fiscal Commitments to PPPs…

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Pandemics and PPP Resources

This section presents various resources and insights, including practice and sector notes, to help understand the impact of Covid 19 on PPPs and infrastructure. Check this space regularly…

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Using government guarantees carefully as the private sector redefines bankability

The COVID-19 pandemic has placed risk allocation of public-private-partnerships (PPPs) under a stress test: risks that seemed reasonable for the private sector to take mere months ago may no longer…

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Tax Law and Taxation

A host country's tax laws can have a direct impact on the profitability of a public-private partnership project and so need to be considered by the potential service provider/ investor and the host…

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Legal Environment

When a government embarks on an infrastructure program or project, it is crucial to thoroughly evaluate the host country's legal environment and the broader context in which PPPs operate.…