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Showing posts with label bbb. Show all posts
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Thursday, December 8, 2022

MAP pushes for creation of public-private sector advisory council

This is a good idea. An advisory council that represents both the government and public sectors is key because it will enable transparency and cooperation and identify sectors which needs immediate assistance. 

As compared to the Build Build Build program which relies heavily on borrowing, PPP will allow meaningful investments from both sectors and that shared responsibility for development will enable accountability for finishing and maintaining the projects. Other countries who have borrowed heavily for infrastructure development have suffered from high interest rates, corruption, and mismanagement. 

SOURCE: BWOnline