Public-Private Partnerships Fiscal Risk Assessment Model (PFRAM) (2019) : Version 2.0
World Bank Group (WBG), International Monetary Fund (IMF)
The Public-Private Partnerships Fiscal Risk Assessment Model, PFRAM developed by the IMF and the World Bank Group (WBG), is an analytical tool to assess fiscal costs and risks arising from public-private partnership (PPP) projects. It is designed to assist governments in assessing fiscal implications of PPPs, as well as in managing these projects in a proactive manner. Since it was launched in April 2016, PFRAM has been used in the context of IMF and WBG technical assistance, as well as by country authorities (for example, PPP units in Ministries of Finance, public corporations) to better understand the medium- to long-term fiscal implications of PPPs.
Building on experience gathered from developers and users, this new version PFRAM 2.0 improves the user interface making it easier to understand by non-PPP experts and extends the tool’s coverage and functionalities.
