Controlling Fiscal Costs of Public-Private Partnerships - The Institute for Public-Private Partnerships® a Tetra Tech Company

P-105

Controlling Fiscal Costs of Public-Private Partnerships

CEUs: 6.0

Course Description

This course will prepare authorities from ministries of finance, public agencies and state-owned enterprises involved in
the delivery of public infrastructure to use public-private partnerships (PPPs), without adversely affecting fiscal sustainability.

The course reviews the general structure of a PPP, introducing the difference between financing and funding and extending the concept to the different types of public support. Varying alternatives of public support generate diverse groups of commitments, affecting both budgetary and long-term fiscal sustainability of a project. Participants will explore the PPP fiscal risk assessment model (PFRAM) developed by the International Monetary Fund and the World Bank, delving deep into its logic through real-world examples of its use.

Through presentations, case studies, and simulated exercises, participants gain knowledge and skills that are used to develop action plans for addressing fiscal risk management of PPP in their own countries.

Learning Outcomes

Through successful completion of this course, participants will be able to:

  • Identify the different sources of fiscal risk a PPP contract might generate and how to manage them
  • Identify the impact that different types of commitments have on public finances and budgets
  • Analyze the convenience of implementing a public project using a PPP without compromising the long-term fiscal sustainability
  • Use the PFRAM tool to assess the eventual fiscal impact of implementing a PPP project
  • Actively participate in the process of structuring and approving a PPP project, particularly, in the establishment of a fiscal obligation

Who Will Benefit

  • Directors and key officers of finance ministries
  • Officials of ministries with responsibility for the provision of public infrastructure and services
  • Commissioners, directors and key staff of regulatory authorities, agencies, and commissions
  • Staff of bilateral and multilateral international organizations

Related Courses