Contingent liabilities - a threat to fiscal stability

Region
7
Publication Year
Off
Contributor
NULL
Contingent government liabilities are associated with major hidden fiscal risks. Thus fiscal adjustment that targets deficit and debt reduction does not necessarily prevent fiscal instability. Banking problems, for example, have often unexpectedly drawn on public resources.
 
Fiscal risks and uncertainties are increasing for four main reasons. Private capital flows are increasing and becoming more volatile. States are moving from financing services to guaranteeing outcomes. Moral hazard in markets is on the rise.

Financing Public-Private Partnerships – Best Practices in Latin America

Region
4
Publication Year
Off
Contributor
NULL

In partnership with the World Bank Institute (WBI) PPIAF supported a a two-day conference to disseminate the best practices and innovations of Latin American countries' PPP programs in response to the financial crisis.

Public Private Partnership Act 2006

Region
2
Publication Year
Off

PUBLIC PRIVATE PARTNERSHIPS ACT 2006

ARRANGEMENT OF SECTIONS

Part 1: PRELIMINARY

1. Short title and commencement

2. Interpretation

3. Act binds Government

4. Purposes

Part 2: AUTHORISATION AND IMPLEMENTATION REGULATIONS

5. Authorisation Regulations

6. Public process

7. Initial consultation requirements

8. Implementation Regulations

9. Content of Implementation Regulations

10. Harmonisation obligations

11. Public charges for PPP goods and services