1) The document proposes an action plan to promote public-private partnerships (PPPs) in Liberia by building on a previous PPP readiness assessment.
2) It identifies key obstacles to unlocking private financing for infrastructure projects in Liberia, including affordability, the financial and legal/regulatory environments, transparency/governance issues, capacity constraints, and lack of coordination among aid organizations.
3) The action plan recommends establishing a PPP unit, developing a project pipeline, improving PPP legislation and regulations, and implementing a communications strategy to promote Liberia's PPP program.
Final project week 4 accelerating digital financial services adoption in bang...Md. Ashraful Alam
This digital artifact has been prepared as part of the WBG group course on Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) course
The document discusses public-private partnerships (PPP) for infrastructure development in ASEAN member states. It notes that while PPP is increasingly seen as an alternative to traditional financing, there are still many challenges to its utilization, especially in less developed ASEAN countries. The key issues discussed include misunderstandings around the roles of financing versus funding in PPP projects, differences in economic development levels across ASEAN states, and the need for simpler "lite PPP" models for smaller infrastructure projects. The document argues for a better understanding of PPP as one financing option among others, and consideration of each country's capabilities and project characteristics when determining the appropriate model.
This document summarizes the key findings of a report analyzing integrated reporting practices among South African state-owned companies. It finds that while state-owned companies have made progress in implementing integrated reporting, with some emerging as leaders, there is still room for improvement. The report evaluates the 2014 reports of major South African state-owned companies against the International Integrated Reporting Council's framework. It aims to both recognize successes and identify weaknesses to help guide other companies on their journey toward more integrated reporting.
This document summarizes the State Bank of Pakistan's efforts to promote financial inclusion and consumer protection in Pakistan. It discusses SBP's multi-pronged strategy, which includes requiring banks to offer basic low-cost accounts, expanding branch networks, developing regulations for microfinance and branchless banking, supporting a national financial literacy program, and establishing a legal and regulatory framework for consumer protection. It also describes the Financial Innovation Challenge Fund's second challenge round focusing on innovative rural and agriculture finance to improve financial access for rural communities and small farmers in Pakistan.
Hypothetical MFI: First MicroFinanceBank Afghanistandwueger
Created as a final project for a Johns Hopkins School for Advanced International Studies (SAIS) course on Microfinance and Development. Task was to create a new microfinance institution. Summer 2008.
FULL TITLE:
What is the Cutting Edge for Microfinance in Rural Areas and Arid and Semi-Arid Land?
ROOM: Tsavo A
Translated session: English & French
PANEL:
Chair: Mr. Wolday Amha, Executive Director, Association of Ethiopian Microfinance Institution (AEMFI), Ethiopia
Panelist: Mr. Issa Barro, Inclusive Finance Specialist, United Nations Capital Development Fund (UNCDF), Senegal
Panelist: Mr. Mwangi Githaiga, Managing Director, Kenya Women Finance Trust (KWFT), Kenya
This document discusses the role of commercial banks in microfinance in Pakistan. It notes that while microfinance traditionally served those without access to formal financial services, involving commercial banks could help expand access to millions more. Commercial banks provide a widespread branch network and expertise in financial services that could better reach the microfinance market. While commercial bank rates may be higher, the costs of serving many small, rural customers justify this. The document also outlines the regulatory framework for microfinance in Pakistan and the State Bank of Pakistan's efforts to develop the industry.
Final project week 4 accelerating digital financial services adoption in bang...Md. Ashraful Alam
This digital artifact has been prepared as part of the WBG group course on Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) course
The document discusses public-private partnerships (PPP) for infrastructure development in ASEAN member states. It notes that while PPP is increasingly seen as an alternative to traditional financing, there are still many challenges to its utilization, especially in less developed ASEAN countries. The key issues discussed include misunderstandings around the roles of financing versus funding in PPP projects, differences in economic development levels across ASEAN states, and the need for simpler "lite PPP" models for smaller infrastructure projects. The document argues for a better understanding of PPP as one financing option among others, and consideration of each country's capabilities and project characteristics when determining the appropriate model.
This document summarizes the key findings of a report analyzing integrated reporting practices among South African state-owned companies. It finds that while state-owned companies have made progress in implementing integrated reporting, with some emerging as leaders, there is still room for improvement. The report evaluates the 2014 reports of major South African state-owned companies against the International Integrated Reporting Council's framework. It aims to both recognize successes and identify weaknesses to help guide other companies on their journey toward more integrated reporting.
This document summarizes the State Bank of Pakistan's efforts to promote financial inclusion and consumer protection in Pakistan. It discusses SBP's multi-pronged strategy, which includes requiring banks to offer basic low-cost accounts, expanding branch networks, developing regulations for microfinance and branchless banking, supporting a national financial literacy program, and establishing a legal and regulatory framework for consumer protection. It also describes the Financial Innovation Challenge Fund's second challenge round focusing on innovative rural and agriculture finance to improve financial access for rural communities and small farmers in Pakistan.
Hypothetical MFI: First MicroFinanceBank Afghanistandwueger
Created as a final project for a Johns Hopkins School for Advanced International Studies (SAIS) course on Microfinance and Development. Task was to create a new microfinance institution. Summer 2008.
FULL TITLE:
What is the Cutting Edge for Microfinance in Rural Areas and Arid and Semi-Arid Land?
ROOM: Tsavo A
Translated session: English & French
PANEL:
Chair: Mr. Wolday Amha, Executive Director, Association of Ethiopian Microfinance Institution (AEMFI), Ethiopia
Panelist: Mr. Issa Barro, Inclusive Finance Specialist, United Nations Capital Development Fund (UNCDF), Senegal
Panelist: Mr. Mwangi Githaiga, Managing Director, Kenya Women Finance Trust (KWFT), Kenya
This document discusses the role of commercial banks in microfinance in Pakistan. It notes that while microfinance traditionally served those without access to formal financial services, involving commercial banks could help expand access to millions more. Commercial banks provide a widespread branch network and expertise in financial services that could better reach the microfinance market. While commercial bank rates may be higher, the costs of serving many small, rural customers justify this. The document also outlines the regulatory framework for microfinance in Pakistan and the State Bank of Pakistan's efforts to develop the industry.
The document discusses financial inclusion in India and the Reserve Bank of India's efforts toward achieving it. It provides an overview of the objectives of financial inclusion, which include increasing savings, investment, and economic growth by bringing the unbanked masses into the formal banking system. It notes that while progress has been made, access to financial services remains limited. The Reserve Bank of India has adopted a structured approach focused on both supply-side and demand-side constraints, using banks as the main vehicles for inclusion but allowing partnerships with non-banks. More efforts are still needed to achieve universal financial inclusion across India.
The document discusses the state's involvement in microfinance in India. It outlines several initiatives the state has taken to promote microfinance, including setting up financing organizations and encouraging priority sector lending. It evaluates the performance of various mainstream sectors in microfinance like commercial banks, regional rural banks, and cooperatives. It argues that the state's direct involvement may not be sustainable and proposes new areas for the state's role, such as incentivizing commercial banks, creating an enabling regulatory framework, and strategically using existing rural infrastructure in collaboration with private partners.
India’s economic growth rates higher than most developed countries in recent years, a
majority of the country’s population still residue unbanked. Financial Inclusion is a relatively
new socio-economic concept in India that aspire to change this dynamic by providing
financial services at affordable costs to the underprivileged, who might not otherwise be
aware of or able to afford these services. Global trends have revealed that in order to achieve
inclusive development and growth, the expansion of financial services to all sections of society
is of utmost importance. As a whole, financial inclusion in the rural as well as financially
backward pockets of cities is a win-win opportunity for everybody involving – the
banks/NBFC’s intermediaries, and the left-out urban population. Banks will handle core
infrastructure and services while intermediaries known as Business Correspondents (BC’s)
will be the executors and act as the face of these banking & financial institutions in dealing
with end-users. Therefore, it is assumed that financial inclusion can initiate the next
revolution of growth and prosperity. In the 21st century, India has been pulling all the right
levers to advance financial inclusion and economic citizenship by channelling its own
transactions to lubricate the system. India’s journey towards economic ascension relies on
how the 65% unbanked population of India (conservative 2012 estimate by World Bank) is
enabled with financial infrastructure.
The document discusses public-private partnerships (PPPs) in Bangladesh, outlining their benefits and challenges. Benefits of PPPs include maintaining economic stability for the public sector, expanding business opportunities for the private sector, and ensuring accountability and safer infrastructure for the public. However, PPPs also face challenges in Bangladesh such as the absence of a standardized framework, disputes over profit distribution, and financial, performance, demand, and construction risks. The document concludes that new legal frameworks drawing on past experiences and addressing cost recovery and private financing are needed to facilitate effective PPPs.
BRAC pioneered the Graduation approach in Bangladesh in 2002 to help extremely poor people transition out of poverty through the provision of livelihood assets, cash transfers, training and mentoring. Since then, over 100 partners in nearly 50 countries have implemented Graduation, reaching approximately 14 million people. Research shows 93% of participants in Bangladesh experienced sustained benefits 7 years later including increased earnings, consumption, savings and assets. Graduation has been shown to provide a "big push" to help people escape poverty long-term and build sustainable livelihoods and resilience against shocks.
Managing Director of Lotus Capital Limited
Mrs Hajara Adeola is the Managing Director of Lotus Capital Limited, a Nigerian pioneer in Shari'ah compliant Asset Management, Private Wealth Management Advisory Services and Financial Advisory Services. She comes to Lotus Capital from UBS Warburg where she was a Director heading their London Islamic Finance Desk. Her responsibilities included structuring and trading Islamic Finance investment instruments for European private clients and multi- currency money market instruments for institutional clients (UK private banks). She was also responsible for structuring innovative Islamic Finance instruments to meet evolving client requirements and liaising with the Shari'ah consultants for approval.
Prior to joining UBS, she was a Convertible Bond Research Analyst at BNP Paribas, London where her primary responsibility was to analyze, write and publish daily and quarterly research on European convertible bonds. This research was published on Bloomberg and distributed to BNP Paribas' worldwide institutional convertible client base daily. In addition, she structured and priced primary convertible bond issues for corporate clients and gained invaluable experience in the over the counter structured finance field. Mrs. Hajara Adeola began her career as a consultant at Andersen Consulting (now Accenture). From there she joined ARM Investment Managers as a pioneer staff and rose to Vice-President and Head of the Research and Financial Advisory Units. Her responsibilities included equity research, trading and investment management of global equity portfolios and financial advisory assignments (feasibility reports, business plans, project management and fund raising). In all, she has over 15 years of international experience in research and analysis, investment management and corporate finance.
Financial inclusions a pavement towards the future growthTapasya123
This document discusses financial inclusion in India and its importance for future growth. It summarizes various committees established by the Reserve Bank of India to promote financial inclusion. Key recommendations include expanding access to banking services in rural areas through business correspondents, developing differentiated banking licenses, and setting targets to provide universal access to bank accounts. However, progress on financial inclusion has been mixed as many rural villages and small businesses still lack access to formal financial services. More work is needed to make financial inclusion programs sustainable and ensure the unbanked population can benefit from banking.
Can PPPs solve Indonesias infrastructure needsH2O Management
Public-private partnerships (PPPs) could help Indonesia address its critical $600 billion infrastructure needs over the next decade. However, PPPs in Indonesia have faced several challenges that have prevented them from fulfilling their potential. These challenges include a lack of transparency in project selection, complex coordination requirements, skills deficiencies within government agencies, conflicting regulations, and difficulties acquiring land. For PPPs to succeed in Indonesia and bridge the country's investment gap, the government will need to address inefficiencies, build agency capacity, and demonstrate renewed commitment by successfully implementing 2-3 priority projects in the next year.
Global Financial Development Report 2014 - Financial InclusionWB_Research
As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank Group report urges policy makers to focus on products that benefit the poor, women and other vulnerable groups the most.
Shared Prosperity through Strategic Community Investment: An IFC perspective ...Cairn India Limited
The document discusses IFC's perspective on strategic community investment to promote shared prosperity. IFC is the private sector arm of the World Bank Group and aims to reduce poverty through private sector development. The document outlines IFC's approach to strategic community investment, which involves voluntary contributions by companies to help communities address development priorities in a way that also supports business objectives. It provides examples of effective community investment programs and tools used by IFC to evaluate programs and their financial and social impacts, including a financial valuation tool and geomapping tool. The document concludes with good practice principles for strategic community investment.
Policy & Strategy for PPP in BangladeshEhsan Tanim
In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.
Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.
This document provides an overview of public procurement frameworks in Kenya. It begins by defining public procurement and explaining its role and importance, noting that it accounts for a large portion of government spending. It then outlines Kenya's constitutional and statutory procurement framework, including the Public Procurement and Disposal Act of 2005. The document discusses challenges with corruption and a lack of transparency in Kenya's procurement system. It provides context on procurement performance and issues of absorption rates at the national level. The document aims to review procurement processes in three Kenyan counties based on auditors' reports in order to identify challenges, causes, consequences and make recommendations.
Microfinance in Nepal has expanded remarkably over the last decade and a half. As of mid-2009, over 1.7 million Nepalis were served by microfinance institutions, representing about 6.3% of the total population and 20% of those below the poverty line. However, geographic coverage remains uneven, with the Terai region better served than remote mountainous areas. While outreach has grown substantially, reaching only 20% of those in poverty indicates there is still significant unmet demand. Efforts are needed to increase the speed and inclusiveness of expansion, especially among disadvantaged social groups.
Public private partnerships-nepal and bangladesh perspectivePrazwal Pradhan
This document provides an overview of public-private partnerships (PPPs). It defines PPPs and discusses their history, objectives, benefits, risks, funding sources, and differences from privatization. Popular PPP models are described. Six keys to successful partnerships are outlined, including having the proper statutory and political environment, an organized structure, a detailed business plan, a guaranteed revenue stream, stakeholder support, and picking the right partners. The document also discusses PPP theories, international instruments related to PPPs, contemporary thoughts on PPPs from scholar Joan Veon, and examples of PPP implementation in Bangladesh and its government's plans for expanding PPPs in the energy sector.
Research Inventy : International Journal of Engineering and Scienceresearchinventy
Research Inventy : International Journal of Engineering and Science is published by the group of young academic and industrial researchers with 12 Issues per year. It is an online as well as print version open access journal that provides rapid publication (monthly) of articles in all areas of the subject such as: civil, mechanical, chemical, electronic and computer engineering as well as production and information technology. The Journal welcomes the submission of manuscripts that meet the general criteria of significance and scientific excellence. Papers will be published by rapid process within 20 days after acceptance and peer review process takes only 7 days. All articles published in Research Inventy will be peer-reviewed.
Starting of Financial Inclusion in India
Banking and financial services at an affordable cost to the vast sections of disadvantaged and low income groups.
Important step towards inclusive growth
Zambia expects its maize production to increase this year, pushing stocks into a surplus and reversing earlier warnings of an import need due to drought. Higher crop yields are projected to boost production to 2.87 million metric tonnes from 2.62 million tonnes last year, despite less cultivated land area. This projected surplus of 635,000 tonnes exceeds domestic consumption needs for the 2016-17 marketing season. The agriculture minister provided the updated production outlook to legislators, in contrast to concerns raised as recently as March about a shrinking harvest due to erratic rains.
The report identifies constraints and bottlenecks that Pakistan faces in achieving successful and sustainable regional digital trade integration. It recommends expediting the implementation of Pakistan's information security, personal data protection, and cloud computing policy frameworks. It also suggests that the Strategic Trade Policy Framework incentivize digital transformation by public and private enterprises. Improving connectivity infrastructure, digital literacy, and financial inclusion can further support digital trade integration.
Final project unlocking investment & finance in emerging markets and develo...Damian Attah
National Financing Strategy for Nigeria to Access Additional Sources of Finance for its Development
Nigeria requires an estimated $3 trillion by 2044 to meet its infrastructure needs but generates only $16.55 billion in annual revenue, leaving a large financing gap. The strategy proposes leveraging development partners and private investment through public-private partnerships. It recommends reforms like tax increases, export diversification, and transparency to boost domestic resources and attract foreign financing. Nigeria will work with multilateral banks by strengthening private-public collaboration, issuing sovereign bonds, improving resource mobilization and governance, and integrating sustainability into its financial system to address barriers to accessing funds.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs).
It is clear that PPPs are not possible without a concrete framework to induce private sector to action.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs).
It is clear that PPPs are not possible without a concrete framework to induce private sector to action.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs). However, it is clear that PPPs are not possible without a concrete framework to induce private sector to action.
The paper makes it concise that the framework should seek to harmonize the Public-Private risk-return objectives in order to attract private long-term investments with assurance of a stable return.
According to this artifact, other than private sector risk-return perspective; corruption, lack of transparency, unstable political climate are great impediments to private sector involvement to infrastructural developments.
The document discusses financial inclusion in India and the Reserve Bank of India's efforts toward achieving it. It provides an overview of the objectives of financial inclusion, which include increasing savings, investment, and economic growth by bringing the unbanked masses into the formal banking system. It notes that while progress has been made, access to financial services remains limited. The Reserve Bank of India has adopted a structured approach focused on both supply-side and demand-side constraints, using banks as the main vehicles for inclusion but allowing partnerships with non-banks. More efforts are still needed to achieve universal financial inclusion across India.
The document discusses the state's involvement in microfinance in India. It outlines several initiatives the state has taken to promote microfinance, including setting up financing organizations and encouraging priority sector lending. It evaluates the performance of various mainstream sectors in microfinance like commercial banks, regional rural banks, and cooperatives. It argues that the state's direct involvement may not be sustainable and proposes new areas for the state's role, such as incentivizing commercial banks, creating an enabling regulatory framework, and strategically using existing rural infrastructure in collaboration with private partners.
India’s economic growth rates higher than most developed countries in recent years, a
majority of the country’s population still residue unbanked. Financial Inclusion is a relatively
new socio-economic concept in India that aspire to change this dynamic by providing
financial services at affordable costs to the underprivileged, who might not otherwise be
aware of or able to afford these services. Global trends have revealed that in order to achieve
inclusive development and growth, the expansion of financial services to all sections of society
is of utmost importance. As a whole, financial inclusion in the rural as well as financially
backward pockets of cities is a win-win opportunity for everybody involving – the
banks/NBFC’s intermediaries, and the left-out urban population. Banks will handle core
infrastructure and services while intermediaries known as Business Correspondents (BC’s)
will be the executors and act as the face of these banking & financial institutions in dealing
with end-users. Therefore, it is assumed that financial inclusion can initiate the next
revolution of growth and prosperity. In the 21st century, India has been pulling all the right
levers to advance financial inclusion and economic citizenship by channelling its own
transactions to lubricate the system. India’s journey towards economic ascension relies on
how the 65% unbanked population of India (conservative 2012 estimate by World Bank) is
enabled with financial infrastructure.
The document discusses public-private partnerships (PPPs) in Bangladesh, outlining their benefits and challenges. Benefits of PPPs include maintaining economic stability for the public sector, expanding business opportunities for the private sector, and ensuring accountability and safer infrastructure for the public. However, PPPs also face challenges in Bangladesh such as the absence of a standardized framework, disputes over profit distribution, and financial, performance, demand, and construction risks. The document concludes that new legal frameworks drawing on past experiences and addressing cost recovery and private financing are needed to facilitate effective PPPs.
BRAC pioneered the Graduation approach in Bangladesh in 2002 to help extremely poor people transition out of poverty through the provision of livelihood assets, cash transfers, training and mentoring. Since then, over 100 partners in nearly 50 countries have implemented Graduation, reaching approximately 14 million people. Research shows 93% of participants in Bangladesh experienced sustained benefits 7 years later including increased earnings, consumption, savings and assets. Graduation has been shown to provide a "big push" to help people escape poverty long-term and build sustainable livelihoods and resilience against shocks.
Managing Director of Lotus Capital Limited
Mrs Hajara Adeola is the Managing Director of Lotus Capital Limited, a Nigerian pioneer in Shari'ah compliant Asset Management, Private Wealth Management Advisory Services and Financial Advisory Services. She comes to Lotus Capital from UBS Warburg where she was a Director heading their London Islamic Finance Desk. Her responsibilities included structuring and trading Islamic Finance investment instruments for European private clients and multi- currency money market instruments for institutional clients (UK private banks). She was also responsible for structuring innovative Islamic Finance instruments to meet evolving client requirements and liaising with the Shari'ah consultants for approval.
Prior to joining UBS, she was a Convertible Bond Research Analyst at BNP Paribas, London where her primary responsibility was to analyze, write and publish daily and quarterly research on European convertible bonds. This research was published on Bloomberg and distributed to BNP Paribas' worldwide institutional convertible client base daily. In addition, she structured and priced primary convertible bond issues for corporate clients and gained invaluable experience in the over the counter structured finance field. Mrs. Hajara Adeola began her career as a consultant at Andersen Consulting (now Accenture). From there she joined ARM Investment Managers as a pioneer staff and rose to Vice-President and Head of the Research and Financial Advisory Units. Her responsibilities included equity research, trading and investment management of global equity portfolios and financial advisory assignments (feasibility reports, business plans, project management and fund raising). In all, she has over 15 years of international experience in research and analysis, investment management and corporate finance.
Financial inclusions a pavement towards the future growthTapasya123
This document discusses financial inclusion in India and its importance for future growth. It summarizes various committees established by the Reserve Bank of India to promote financial inclusion. Key recommendations include expanding access to banking services in rural areas through business correspondents, developing differentiated banking licenses, and setting targets to provide universal access to bank accounts. However, progress on financial inclusion has been mixed as many rural villages and small businesses still lack access to formal financial services. More work is needed to make financial inclusion programs sustainable and ensure the unbanked population can benefit from banking.
Can PPPs solve Indonesias infrastructure needsH2O Management
Public-private partnerships (PPPs) could help Indonesia address its critical $600 billion infrastructure needs over the next decade. However, PPPs in Indonesia have faced several challenges that have prevented them from fulfilling their potential. These challenges include a lack of transparency in project selection, complex coordination requirements, skills deficiencies within government agencies, conflicting regulations, and difficulties acquiring land. For PPPs to succeed in Indonesia and bridge the country's investment gap, the government will need to address inefficiencies, build agency capacity, and demonstrate renewed commitment by successfully implementing 2-3 priority projects in the next year.
Global Financial Development Report 2014 - Financial InclusionWB_Research
As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank Group report urges policy makers to focus on products that benefit the poor, women and other vulnerable groups the most.
Shared Prosperity through Strategic Community Investment: An IFC perspective ...Cairn India Limited
The document discusses IFC's perspective on strategic community investment to promote shared prosperity. IFC is the private sector arm of the World Bank Group and aims to reduce poverty through private sector development. The document outlines IFC's approach to strategic community investment, which involves voluntary contributions by companies to help communities address development priorities in a way that also supports business objectives. It provides examples of effective community investment programs and tools used by IFC to evaluate programs and their financial and social impacts, including a financial valuation tool and geomapping tool. The document concludes with good practice principles for strategic community investment.
Policy & Strategy for PPP in BangladeshEhsan Tanim
In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.
Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.
This document provides an overview of public procurement frameworks in Kenya. It begins by defining public procurement and explaining its role and importance, noting that it accounts for a large portion of government spending. It then outlines Kenya's constitutional and statutory procurement framework, including the Public Procurement and Disposal Act of 2005. The document discusses challenges with corruption and a lack of transparency in Kenya's procurement system. It provides context on procurement performance and issues of absorption rates at the national level. The document aims to review procurement processes in three Kenyan counties based on auditors' reports in order to identify challenges, causes, consequences and make recommendations.
Microfinance in Nepal has expanded remarkably over the last decade and a half. As of mid-2009, over 1.7 million Nepalis were served by microfinance institutions, representing about 6.3% of the total population and 20% of those below the poverty line. However, geographic coverage remains uneven, with the Terai region better served than remote mountainous areas. While outreach has grown substantially, reaching only 20% of those in poverty indicates there is still significant unmet demand. Efforts are needed to increase the speed and inclusiveness of expansion, especially among disadvantaged social groups.
Public private partnerships-nepal and bangladesh perspectivePrazwal Pradhan
This document provides an overview of public-private partnerships (PPPs). It defines PPPs and discusses their history, objectives, benefits, risks, funding sources, and differences from privatization. Popular PPP models are described. Six keys to successful partnerships are outlined, including having the proper statutory and political environment, an organized structure, a detailed business plan, a guaranteed revenue stream, stakeholder support, and picking the right partners. The document also discusses PPP theories, international instruments related to PPPs, contemporary thoughts on PPPs from scholar Joan Veon, and examples of PPP implementation in Bangladesh and its government's plans for expanding PPPs in the energy sector.
Research Inventy : International Journal of Engineering and Scienceresearchinventy
Research Inventy : International Journal of Engineering and Science is published by the group of young academic and industrial researchers with 12 Issues per year. It is an online as well as print version open access journal that provides rapid publication (monthly) of articles in all areas of the subject such as: civil, mechanical, chemical, electronic and computer engineering as well as production and information technology. The Journal welcomes the submission of manuscripts that meet the general criteria of significance and scientific excellence. Papers will be published by rapid process within 20 days after acceptance and peer review process takes only 7 days. All articles published in Research Inventy will be peer-reviewed.
Starting of Financial Inclusion in India
Banking and financial services at an affordable cost to the vast sections of disadvantaged and low income groups.
Important step towards inclusive growth
Zambia expects its maize production to increase this year, pushing stocks into a surplus and reversing earlier warnings of an import need due to drought. Higher crop yields are projected to boost production to 2.87 million metric tonnes from 2.62 million tonnes last year, despite less cultivated land area. This projected surplus of 635,000 tonnes exceeds domestic consumption needs for the 2016-17 marketing season. The agriculture minister provided the updated production outlook to legislators, in contrast to concerns raised as recently as March about a shrinking harvest due to erratic rains.
The report identifies constraints and bottlenecks that Pakistan faces in achieving successful and sustainable regional digital trade integration. It recommends expediting the implementation of Pakistan's information security, personal data protection, and cloud computing policy frameworks. It also suggests that the Strategic Trade Policy Framework incentivize digital transformation by public and private enterprises. Improving connectivity infrastructure, digital literacy, and financial inclusion can further support digital trade integration.
Final project unlocking investment & finance in emerging markets and develo...Damian Attah
National Financing Strategy for Nigeria to Access Additional Sources of Finance for its Development
Nigeria requires an estimated $3 trillion by 2044 to meet its infrastructure needs but generates only $16.55 billion in annual revenue, leaving a large financing gap. The strategy proposes leveraging development partners and private investment through public-private partnerships. It recommends reforms like tax increases, export diversification, and transparency to boost domestic resources and attract foreign financing. Nigeria will work with multilateral banks by strengthening private-public collaboration, issuing sovereign bonds, improving resource mobilization and governance, and integrating sustainability into its financial system to address barriers to accessing funds.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs).
It is clear that PPPs are not possible without a concrete framework to induce private sector to action.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs).
It is clear that PPPs are not possible without a concrete framework to induce private sector to action.
FRAMEWORK FOR PRIVATE SECTOR INVOLVEMENT IN FINANCING LONG-TERM DEVELOPMENT PROJECTS :
A CASE OF KENYA
This short artifact has been designed with general public, legislators and private investor financiers and all those who have a role in managing development finances in mind.
The paper discusses the importance for Private sector involvement in infrastructural development projects through formal public-private partnerships (PPPs). However, it is clear that PPPs are not possible without a concrete framework to induce private sector to action.
The paper makes it concise that the framework should seek to harmonize the Public-Private risk-return objectives in order to attract private long-term investments with assurance of a stable return.
According to this artifact, other than private sector risk-return perspective; corruption, lack of transparency, unstable political climate are great impediments to private sector involvement to infrastructural developments.
The document discusses strategies for mobilizing financial resources and using them effectively for sustainable development. It outlines several areas that could help mobilize resources domestically and internationally, including improving taxation, harnessing natural resource revenues, improving efficiency, curbing illicit flows, developing private sectors and financial institutions, and welcoming increases in overseas development assistance. Private sectors are seen as important partners that could help drive growth, job creation, and leverage private finance. Mobilizing international capital flows from foreign direct investment, debt, and institutional investors will be needed to achieve post-2015 development goals. Public-private partnerships and syndications can help scale up development finance.
The document discusses a high-level side event on leveraging pension funds for Africa's infrastructure development that will take place during the Third International Conference on Financing for Development in Addis Ababa, Ethiopia from July 14-17, 2015. Africa faces a large funding gap for needed infrastructure projects estimated at $50 billion annually. While African pension funds hold an estimated $350 billion that could help close this gap, currently most funds are not invested in infrastructure development with the exception of South Africa. The event aims to explore how to better harness African pension funds for infrastructure financing and discuss regulatory reforms and improving the investment climate to encourage greater private investment in infrastructure projects on the continent.
AEMFI is a network of 31 microfinance institutions in Ethiopia established in 1999 with a vision to build an inclusive financial system. Its mission is to enhance the capacity of MFIs to provide financial services through technical assistance, training, research, and advocacy. It aims to promote transparency, equity, accountability, and social responsibility among its member institutions. AEMFI helps build capacity of MFIs, improve the policy environment, facilitate collaboration and information sharing between MFIs, and conduct research on the microfinance industry in Ethiopia. Over the years, MFI outreach and savings have grown significantly, though operational challenges remain around capital availability, capacity, and serving excluded groups like women and pastoralists.
Zimbabwe is currently not eligible for direct financing from the World Bank due to high debt and arrears. The document outlines Zimbabwe's economic challenges, including low GDP, high poverty rates, and weakened public services. It proposes that Zimbabwe clear arrears to regain access to financing and implement reforms to improve the investment climate, fiscal policies, governance, and macroeconomic stability to attract private investment for development. Resolving debt and undertaking reforms would allow the World Bank to resume support for Zimbabwe's development goals through lending and technical assistance.
How does The World Bank contribute to Public Procurement?TendersInfo .com
We know that governments across the world spend about a quarter of the GDP on public procurement and it is evident that it plays a crucial role in maintaining equitable distribution and sustainable development across countries.
This project proposal seeks to institutionalize transparent and accountable public financial management in Nigeria through participatory budgeting. Over a 5-year period, the proposal would partner Oxfam with the Nigerian Labour Congress to build capacity for participatory budgeting among civil society groups, media, and citizens at national and state levels. The goal is to empower these stakeholders to influence budget formulation, monitor spending, promote progressive revenue collection and pro-poor expenditure, ensure efficient implementation, and increase transparency and accountability in the budget process. This aims to contribute to reducing corruption and transforming Nigeria's budget system to better represent citizens' needs, especially the poor.
This document proposes a 5-year project to institutionalize participatory budgeting in Nigeria led by Oxfam in partnership with the Nigerian Labour Congress. It notes that despite Nigeria earning over $150 billion annually from oil revenues in the past 16 years, poverty has increased and budgeting is opaque with little public participation. The project aims to build capacity of civil society including the NLC on participatory budgeting, mobilize citizens, and implement a participatory budgeting cycle. It is hoped this will make budgeting more transparent, accountable, and oriented toward the needs of the poor. Key activities include training, public hearings, and enabling the media to cover budgets. Challenges include government resistance to sharing power and limited civic
Unlocking financial opportunities for the attainment of sustainable Developme...Tunde Ekundayo
“Unlocking Financial Opportunities for the Attainment of Sustainable Development in Africa” explored the prevailing experience of Africa about the need for financial resources, as well as the obstacles and modalities requires to successfully mobilise financial resources for the development of infrastructure in Africa towards the attainment of SDGs by 2030. The piece is designed to give a quick run-down of the essentials of infrastructural development as well as financial mobilisation for policymakers, development practitioners and other stakeholders.
This document discusses Nigeria's infrastructure shortage and investment opportunities. It notes that Nigeria has inadequate infrastructure that inhibits economic growth. Data shows Nigeria has very low global infrastructure rankings, comparable to failed states. Nigeria's infrastructure master plan is estimated to require $2.9 trillion in investments. However, population growth is increasing demand for infrastructure investments. The document argues private investment in infrastructure funds and public-private partnerships could help close Nigeria's huge infrastructure funding gap and facilitate much needed development.
The Role of Domestic Resource Mobilization for Sustainable Financing of Devel...Yuwana Zemoh-Adeyemi
My target audience is international and national governments, financial regulators, financial experts, development experts, economists, policy makers and policy analysts whose crucial focus has long been the financing resources needed to finance development plans and agenda. The concept of financing for development (FFD) is an offshoot of the financing gap that surpasses the current development financial flows and the new global development goals called the Sustainable Development Goals (SDGs), 2016-2030. In principle, adequate financial resources are available globally; however, the resources will not automatically be mobilized and utilized to support the achievement of development goals except with a paradigm shift to encourage Domestic Resource Mobilization (DRM) to unlock the needed resources to achieve the development agenda, plans and goals nationally and internationally.
Thank you.
Yuwana Zemoh-Adeyemi
The document summarizes Indonesia's efforts to promote financial inclusion and education. It outlines three objectives of Indonesia's Financial Services Authority (OJK): ensuring orderly financial sector activities, creating a sustainable financial sector, and protecting consumer/public interests. As the unified regulator, OJK aims to comprehensively monitor financial inclusion programs and supply, demand, and infrastructure through its role in education and consumer protection. The national strategy supports a literate society and increased financial product usage. Challenges include the need for long-term commitment from diverse stakeholders, significant research, technological developments, and regulators ensuring conducive policies that promote access while maintaining stability.
The Use of Financial Inclusion Data Country Case Study: SOUTH AFRICADr Lendy Spires
1. The document discusses South Africa's Mzansi initiative to promote financial inclusion. Launched in 2004, Mzansi was a joint program by South Africa's major banks to create a basic bank account targeted at low-income individuals.
2. Mzansi was very successful, with over 6 million accounts opened by 2010. It helped increase the percentage of formally banked South African adults from 45.5% in 2004 to 62.7% in 2008.
3. However, Mzansi accounts had relatively low usage and balances. After Mzansi, banks further explored marketing low-income products individually to drive more innovation and active usage of financial services among low-income groups.
The use of financial inclusion data country case study south africaDr Lendy Spires
1. The document discusses South Africa's Mzansi initiative from 2004-2008 to promote financial inclusion. The four major banks jointly developed the low-cost Mzansi bank account to meet targets in the Financial Sector Charter. Over 6 million accounts were opened, exceeding expectations.
2. While the Mzansi account increased access to banking, usage levels were mixed. Active use of accounts required ongoing support. The initiative demonstrated both the potential and limitations of a joint industry approach to financial inclusion.
3. After 2008, banks further explored the low-income market on their own with new products, while still using the established Mzansi brand name. Financial inclusion made significant gains but challenges around account usage remained.
United Nations World Oceans Day 2024; June 8th " Awaken new dephts".Christina Parmionova
The program will expand our perspectives and appreciation for our blue planet, build new foundations for our relationship to the ocean, and ignite a wave of action toward necessary change.
Contributi dei parlamentari del PD - Contributi L. 3/2019Partito democratico
DI SEGUITO SONO PUBBLICATI, AI SENSI DELL'ART. 11 DELLA LEGGE N. 3/2019, GLI IMPORTI RICEVUTI DALL'ENTRATA IN VIGORE DELLA SUDDETTA NORMA (31/01/2019) E FINO AL MESE SOLARE ANTECEDENTE QUELLO DELLA PUBBLICAZIONE SUL PRESENTE SITO
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
How To Cultivate Community Affinity Throughout The Generosity JourneyAggregage
This session will dive into how to create rich generosity experiences that foster long-lasting relationships. You’ll walk away with actionable insights to redefine how you engage with your supporters — emphasizing trust, engagement, and community!
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
The Combined IUU Fishing Vessel List merges all these sources into one list that provides a single reference point to identify whether a vessel is currently IUU listed. Vessels that have been IUU listed in the past and subsequently delisted (for example because of a change in ownership, or because the vessel is no longer in service) are also retained on the site, so that the site contains a full historic record of IUU listed fishing vessels.
Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
karnataka housing board schemes . all schemesnarinav14
The Karnataka government, along with the central government’s Pradhan Mantri Awas Yojana (PMAY), offers various housing schemes to cater to the diverse needs of citizens across the state. This article provides a comprehensive overview of the major housing schemes available in the Karnataka housing board for both urban and rural areas in 2024.
1. PROMOTING PPP IN
LIBERIA: AN ACTION PLAN
WBG “Financing for
Development: unlocking
investment opportunities”
James Davie
2. INTRODUCTION
In 2016 the British Embassy in Monrovia and
the Liberian National Investment Commission
commissioned a Public Private Partnership
(PPP) Readiness Assessment.
This Development Finance Impact Project
proposes building on the findings of the
Readiness Assessment to develop an
achievable PPP Action Plan.
This presentation is addressed to
Government and could form the basis for a
financing solution that can unlock financial
opportunities in Liberia through
implementation of a programme to create an
enabling environment for PPPs.
The complete and original Readiness
Assessment and subsequent
recommendations remain property of the
commissioning entities. For enquiries about
further information please email:
jamesdavie@altracapital.com
Development Finance Impact Project
By James Davie, April 2017
3. WHAT IS THE PROBLEM?
What are the reasons that
the government, official
aid provider or private
sector would want to
participate?
5. IMPROVING PUBLIC SERVICES IN
LIBERIA
In Liberia, creating economic opportunities for its citizens in essential. If
Liberia is to sustainably achieve this it must rebuild and increase its
infrastructure, but there are limited available resources to provide all that is
needed. The Government, in partnership with the development community, is
making strides in addressing the infrastructure and institutional challenges.
Through public-private partnerships, private investors could not only help to
provide the financing, but also help to ensure that a project is run efficiently.
If contracts are designed properly, private investors have an incentive to see
that an infrastructure project is executed efficiently – because it increases the
likelihood that their investment is safe and as profitable as expected. As
private sector involvement can improve both the execution and the financing
of a project, the crucial role of the public sector is to provide the right
conditions to reap those benefits.*
Source: Development Initiatives, 2014 http://devinit.org/post/role-private-sector-financing-post-2015-agenda-sustainable-development/
6. Kinshasa
Cape Town
Cape Town
New York
Seattle
Los Angeles
Cairo
Washington
Beijing
Shanghai
Hong Kong
Mombasa Mombasa
Delhi
Mumbai
Madras
Kinshasa
Population
World 7,433 billion
Africa 1,216 billion (16%)
UK 65.5 million
USA 326 million
China 1,388 million
India 1,343 million
Liberia 4.6 million
GDP Nominal (billions of $)
World 79.890
Africa 2.390 (3%)
UK 2,649
USA 18,561
China 11,391
India 2,250
Liberia 2.168
Source: International Monetary Fund World Economic Outlook (October-2016)
AFRICA IS HUGE…
7. Source: UNCTAD, FDI/MNE database
Figures in US$ billions
…BUT RECIEVES SOME OF THE
LOWEST FDI INFLOWS BY REGION
8. THE OPPORTUNITY
The provision of good infrastructure is key to Liberia's continued recovery
and it is not surprising that the country is looking to PPP and private sector
investment to assist in this area. Involvement of the private sector in
infrastructure investment is becoming increasingly necessary to fill this gap.
At present, most spending on Liberia’s infrastructure is from domestic
sources, with very little from private investors, emerging market financiers
or development assistance.
With currently only 10% of all Liberian roads paved and many bridges in a
decayed condition, transportation infrastructure has been identified as one
of the main constraints on the Liberian economy. The positive impact of
better roads would be particularly strong on tradable goods in the
agricultural and forestry sector. Some PPP projects might be possible to
alleviate this chronic shortage of access to markets, but would require a
fundamental change from the current silo approaches of various ODA and
NGO programmes.
10. AFFORDABILITY
Liberia has conflicting imperatives – political realism versus economic
necessity
Alternative financing structures may be the only way to begin to pay for
sustainable infrastructure
In essence this will require a form of hybrid PPP
Equity, or some form of appropriate guarantee programmes, may have to
come, in part, from the MDBs to balance the repayment risks that the private
sector will perceive
Combining elements of existing programmes may provide the initial funding
for some projects
looking at whether Output Based Aid (OBA) programmes might be included in a PPP structure
is one possibility
Project development must be designed to deliver the information needed for
11. FINANCIAL ENVIRONMENT
Liberia's financial system remains shallow while the economy recovers and
remains vulnerable to political and economic instability. Financial intermediation
is low while the high cost of credit and scarce access to financing
Poor infrastructure still represents a major impediment to the expansion of
financial services across the country. The Liberian financial system is dominated
by the bank sector. The banking system remains capitalized and liquid, but risks
are elevated stemming from high non-performing loans and low profitability.
Access to the financial sector has gradually increased in recent years, supported
by substantial improvements in legal and regulatory frameworks. The Central
Bank of Liberia has progressed with new initiatives to expand financial
intermediation.
The Liberian capital market is now in the very early stages of re-emergence. With
no government securities issued, the country receives no sovereign rating by any
of the major credit rating agencies.
12. LEGAL AND REGULATORY
ENVIRONMENT
Generally, although great improvements have been made in the rule of law
since the civil wars, there are still significant issues relating to corruption,
access to justice, inadequate legal and court infrastructure, inconsistent
policy and practice and poor record keeping. The Ministry of Justice are
working with partners such as the Law Reform Commission and the Liberia
National Bar Association to address these issues.
Liberia has no specific PPP law or regulations although a draft law is in
preparation. A PPP law, however, is only part of the legislative package
needed and must be backed up by PPP specific regulations, designed to
formalise and clarify all aspects of the PPP process.
It is suggested that any draft legislation is reviewed by international experts
who have carried out PPP law reviews in other countries, to ensure that the
law meets international standards, best practice and meets the expectations
of the international finance community.
13. TRANSPARENCY AND
GOVERNANCE
Given that transparency in procurement is one of the key factors that
overseas investors are looking for in PPP, then the development of a new
national PPP policy offers the opportunity for the government to present PPP
as a ring-fenced, open and transparent process.
Particular and visible government oversight and a declaration of the
importance of this in the National PPP policy in this area is highly
recommended
Liberia’s admittance to the WTO commits the country to ensuring non-
discriminatory treatment of foreign investors from 1 Nov 2019
PPPs cannot be financed in circumstance where real or perceived corruption
is a factor. That means there is an urgent need for convincing and effective
measures to be taken against corruption in Liberia.
14. CAPACITY BUILDING
There is insufficient in-depth ability to implement a PPP programme to
deliver viable projects.
The capacity of the Government procuring bodies needs upgrading to a level
sufficient to enable it to negotiate with the private sector on a basis of
equality
A structured approach to PPP capacity building for government in Liberia
should be taken
Eventually, capacity building will not just be needed by government but also
by the local private sector as they become involved in delivery on behalf of
government
Care should be taken in the appointment of consultants to ensure that they
have the necessary expertise and appropriate international experience
15. MULTILATERAL COORDINATION
The aid system has become a competitive struggle between NGOs for
donor contracts, which often results in a rush to show short-term
results, collaboration between organizations is rare and staff turnover
is high.
Better cooperation among providers of development assistance is
important in PPP training programmes, and arrangements should be
more formalized in a new multilateral framework of cooperation
It is recommended that a national PPP unit takes the exclusive lead on
all proposed PPP activity involving these agencies
The PPP Unit should be at the forefront of exploring funding and
financing opportunities to support these projects
17. IDENTIFICATION OF
A PPP CHAMPION
Given that Liberia is at a very early stage of
PPP development, identifying a champion
who is able to push PPP's within government
is a vital prerequisite for success for any
overall programme
The PPP Champion should be at a
sufficiently high level within government to
enable them to push through the measures
that would be necessary to get a
programme started and to influence both
governmental opinions, those of the general
public and those of the private sector
The PPP Champion should be situated in a
part of government that is likely to have
some influence over PPP implementation
Key recommendation 1
18. ADOPTION OF A
PPP POLICY
A PPP policy is needed to set a ‘roadmap’
for implementation of PPPs
Government should have clear goals and
objectives in its PPP Policy
The PPP policy should be developed
independently of the existing concessions
policy, legal structures and processes
The Government should include core values
and principles in the PPP Policy
Other matters that need to be addressed in
the PPP Policy are:
coordination with a national development plan
the degree of risk the Government is prepared to
accept and how Government intends the risks to be
managed
the criteria for determining whether PPPs are a viable
method of service delivery
Key recommendation 2
19. ESTABLISHMENT
OF A NATIONAL
PPP UNIT
Existing competition between various
government departments as to who has
responsibility for PPP in Liberia should be
brought to a complete and immediate end
Responsibility for the PPP process needs
streamlining and clarifying
The PPP Unit should act as a taskforce to
provide central co-ordination for the roll-out of
a national PPP programme. The PPP unit should
be:
the guardian and developer of policy, ensuring a
consistent approach is applied
an evaluator and adviser in relation to risk issues
a centre of best practice and expertise, and a focal point
for engagement with the PPP industry both internationally
and locally
The PPP Unit be the repository of standard PPP
agreements, standard contract clauses and
detailed procedures for identifying, evaluating,
procuring and measuring PPPs
Key recommendation 3
20. CONSTRUCT A
“PROJECT
PIPELINE”
It is important that a properly constituted
project pipeline, based on the national PPP
policy, is prepared and marketed both locally
and internationally
A website could also be used to give details
of projects in the process of negotiation thus
improving the transparency of the process
It is recommended that the pipeline be set
up under the National Investment
Committee, giving full details of:
projects, their feasibility, scope, timing and indicative
cost
details of future projects
progress of current projects
the results of procurements and how the awards of
contracts were made to aid transparency
the website should be updated regularly to
encourage both national and international
bidders to participate in future competitions
Key recommendation 4
21. PPP LEGISLATION
AND REGULATIONS
It is suggested adopting the “10 principles
for a PPP (Concession) Law” developed by the
European Bank for Reconstruction and
Development (EBRD) as the basis. It is
recommended that urgent attention is given
to:
a PPP Policy Statement from the president/parliament
setting out the national policy towards using PPP
well drafted central legislation governing PPPs for
national government (the PPP Law), including
comprehensive rules covering:
‐ the definitions of and forms of PPPs that the
Government will permit
‐ detailed procurement rules and administrative
structures and reporting lines
a firm regulatory framework in terms of which national
government institutions can enter into PPP agreement
Current procurement processes should also
be reviewed against current international
standards to ensure consistency and
adherence to those standards
Key recommendation 5
22. PPP
COMMUNICATIONS
STRATEGY
The focus of this strategy, initially should be
split between:
policy and programme communications aimed at wider
government and society
project and process communications aimed at potential
local and international PPP participation
The strategy should focus on a number of key
areas:
to communicate the justifications, objectives and delivery
of the PPP programme to all stakeholders in order to
create an informed understanding of the government’s
PPP policy
to provide details on projects and process to those who
will be actively involved in delivering contracts from both
the public and private sector
to build an international engagement strategy aimed at
the international PPP and infrastructure press and
overseas investors and operators to publicise Liberia’s
programme and projects
to prepare project specific communications and focused
engagement in order to detail project benefits and
engage with those who will benefit from or have concern
about the planned projects
Key recommendation 6