Predicting Fiscal Obligations of the State That May Arise from Public-Private Partnership Projects
Year: 2024
Type: conference-paper
Abstract: This article discusses the complexity and methods of predicting the national financial obligations arising from public-private partnership projects. It studies how the government evaluates the long-term financial obligations associated with these projects.This usually includes infrastructure development, public services, and other joint projects between the public and private sectors. This article discusses various forecasting models, risk assessment methods, and financial instruments to help predict potential PPP costs, liabilities, and budget impacts. This article also emphasizes the importance of open and reliable financial modeling and effective risk management strategies, as well as the difficulty of making accurate predictions in the uncertainties related to future financial commitments, especially project results, political climate changes and economic changes.This ensures that the value of PPP is provided to the country and its citizens without overloading public funds. Impact recommendations were also made to policymakers, financial planners, and government officials, and the high level of financial risk management in the PPP initiative was emphasized.
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6930689697
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