An Infrastructure Governance Approach to Fiscal Management in State-Owned Enterprises and Public–Private Partnerships

Download or read book An Infrastructure Governance Approach to Fiscal Management in State-Owned Enterprises and Public–Private Partnerships written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-11-01 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies key governance challenges in the management of fiscal risks and contingent liabilities in Asia and the Pacific arising from public investments through public–private partnerships and state-owned enterprises. It highlights the importance of investment in quality infrastructure to overcome the trilemma of the overall infrastructure investment gap, limited fiscal space, and increasing debt. It shows that such investments need to be efficient—that is, they need to provide the right infrastructure delivering maximum economic benefits at the lowest cost. The report sets out practical insights as a resource for decision-makers.