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Public Fiscal Risk Assessment Model

In: International Project Finance

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  • Felix I. Lessambo

Abstract

Assessing both fiscal costs and risks in PPPs—using PFRAM 2.0—allows the government to make informed decisions on public investment, as (i) the fiscal impacts of existing PPPs are well understood and appropriately managed; and (ii) new PPPs are only awarded if they do not undermine the long-term sustainability of public finances. According to IPSAS 32, if the government has the control of the PPP-related asset, the asset, and related liability are regarded as belonging to the government, whether the government or users fund it.

Suggested Citation

  • Felix I. Lessambo, 2022. "Public Fiscal Risk Assessment Model," Springer Books, in: International Project Finance, chapter 0, pages 165-171, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-96390-3_13
    DOI: 10.1007/978-3-030-96390-3_13
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