QUESTION 2
a) Due to severe budgetary constraints that is facing the central government, public sector projects are being resorted to on a public-private basis. Explain what is public-private-partnership (PPP)?
b) International financial institutions encourage government to tap into the benefits of private capital to enable public sector project benefits. What are the benefits of public-private-partnership?
c) There are various types of PPP arrangements that can be mounted to suitn different categories of project. Explain the different forms PPP arrangements can take?
d) PPP needs to satisfy suitable parameters to be acceptable.What are the criteria for a good PPP project?