Challenges of Public Investment Management in Fragile and Conflict-affected States
Fragile and Conflict-Affected States (FCS) are often characterized by poor infrastructure and significant infrastructure gaps.
Supporting investment in infrastructure in Fragile and Conflict-Affected States (FCS) is crucial to address protracted fragility, restore basic services, build trust between the state and citizens, overcome inequalities, and create opportunities for all.
This IMF blog post highlights that public infrastructure in fragile and conflict-affected states is less efficient than the global average. PIMA assessments carried out in 15 FCS countries since 2016 highlight the large efficiency gap in public infrastructure, estimated at around 68 % compared to the world average of 30 %.
Raoilisoa, Onintsoa, and Letitia Lishuo Li. 2023. “Challenges of Public Investment Management in Fragile and Conflict-Affected States.” IMF PFM Blog, July 10, 2023
