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World Bank undertaking study on PPP contingent liabilities in Pakistan

World Bank is currently undertaking a study on assessing contingent liabilities in public-private partnership in Pakistan. The overarching objective of this study is to assess the current situation and advise the Pakistani government on developing and implementing a sound framework for managing the contingent liability risk associated with PPPs. The study includes reviewing and making recommendations to improve the primary and secondary legislation that governs the granting of guarantees in general and in respect of PPPs in particular; providing advice on appropriate institutional and organizational arrangements for analyzing contingent liabilities in respect of PPPs before they are incurred, monitoring these risks over their lifecycle, and managing the exposures that they create for the governmentâs balance sheet; providing advice on charging fees and making budgetary provisions to compensate for the expected cost to Government of Pakistan of contingent liabilities in respect of PPPs; providing advice on appropriate reporting and disclosure arrangements for contingent liabilities in respect of PPPs; and developing an operational procedures manual for the approval, issuance, analysis, monitoring, and reporting of contingent liabilities in respect of PPPs.

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About hasaankhawar

International Development Professional | Policy Op-ed Writer | Hon. Fellow at Consortium for Development Policy Research | Avid Traveller

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