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Philippines Management Of Contingent Liabilities Arising From Publicprivate Partnership Projects 1st Edition Asian Development Bank Vaughn Montes Asian Development Bank Staff

SKU: BELL-51604820

Philippines Management Of Contingent Liabilities Arising From Publicprivate Partnership Projects 1st Edition Asian Development Bank Vaughn Montes Asian Development Bank Staff

$ 31.00 ~~$ 45.00~~ (-31%)

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Philippines Management Of Contingent Liabilities Arising From Publicprivate Partnership Projects 1st Edition Asian Development Bank Vaughn Montes Asian Development Bank Staff instant download after payment.

Publisher: Asian Development Bank Institute

File Extension: EPUB

File size: 6.77 MB

Pages: 79

Author: Asian Development Bank; Vaughn Montes; Asian Development Bank Staff

ISBN: 9789292576400, 9292576402

Language: English

Year: 2016

Edition: 1

Product desciption

Philippines Management Of Contingent Liabilities Arising From Publicprivate Partnership Projects 1st Edition Asian Development Bank Vaughn Montes Asian Development Bank Staff by Asian Development Bank; Vaughn Montes; Asian Development Bank Staff 9789292576400, 9292576402 instant download after payment.

Given the rapid growth of the public-private partnership program (PPP), the Philippine government has initiated reforms to strengthen the framework for managing contingent liabilities arising from PPP projects. This study shows that major directions requiring further effort include (i) better pricing of government guarantees, (ii) adoption of methodology for quantification of contingent liabilities, (iii) setting prudential limits on PPP contingent liabilities, (iv) development of procedures for payment of materialized contingent liabilities from the national budget's unprogrammed fund, and (v) in the medium term, setting up a contingent liabilities fund financed through budget appropriations and contributions of project sponsors.