Assessment of the Viability of PPPs and Sub-national Lending in Ghana

In 2011 the Ghanaian government issued a policy establishing Public Private Partnerships (PPPs) for the purpose of implementing infrastructure projects and improving the capacity of services provision. A World Bank Mission visited Ghana early in 20...

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Bibliographic Details
Main Authors: Bosompen, Kwasi, Montes Belot, Ricardo, Joya, Walter Bodden, Mejía de Pereira, Ana Cristina
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
BID
TAX
Online Access:http://documents.worldbank.org/curated/en/815031468029700581/Ghana-Assessment-of-the-viability-of-PPPs-and-subnational-lending-in-Ghana
http://hdl.handle.net/10986/26865
id okr-10986-26865
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCIAL SERVICES
ACCOUNTABILITY
ACCOUNTING
ADVISORY SERVICES
AFFORDABILITY
APPROVAL PROCESS
ARBITRATION
ARREARS
AUDITS
BANK ACCOUNTS
BANK GUARANTEES
BANK LENDERS
BANKING INSTITUTIONS
BANKING SECTOR
BANKING SERVICES
BANKING SYSTEM
BID
BIDS
BONDS
BORROWING
BORROWING CAPACITY
BUDGETING
BUSINESS OPPORTUNITIES
CAPACITY BUILDING
CAPITAL ADEQUACY
CAPITAL MARKETS
CAPITAL REQUIREMENT
CASH FLOW
COLLATERAL
COMMERCIAL LAW
COMMERCIAL LOANS
CONSULTING SERVICES
CORPORATE INVESTMENT
CREDIT BUREAUS
CREDIT ENHANCEMENT
CREDIT INFORMATION
CREDIT RATINGS
CREDIT RISK
CREDITOR
CREDITOR RIGHTS
CREDITWORTHINESS
DEBT
DEBT INVESTMENTS
DEBTORS
DECENTRALIZATION
DEMAND FOR CREDIT
DEPOSIT
DEPOSIT MOBILIZATION
DEPOSITS
DEVELOPMENT BANK
DEVELOPMENT CORPORATION
DEVOLUTION
DISBURSEMENT
DISBURSEMENTS
DOMESTIC ARREARS
DOMESTIC DEBT
DUE DILIGENCE
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EMPLOYMENT
ENTREPRENEUR
EQUITY PARTICIPATION
ESCROW
EXCHANGE RATE
EXPENDITURE
EXPLOITATION
EXPORT GROWTH
FINANCIAL ANALYSIS
FINANCIAL ASSISTANCE
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL OBLIGATIONS
FINANCIAL REFORMS
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCIAL TRANSACTIONS
FISCAL POLICY
FIXED ANNUITIES
FIXED RATE
FOREIGN BANK
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN FINANCIAL INSTITUTIONS
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN LOAN
FOREIGN LOANS
GOVERNMENT BONDS
GOVERNMENT DEBT
GOVERNMENT POLICY
GOVERNMENT REVENUES
HOUSING
HUMAN DEVELOPMENT
HUMAN RESOURCES
IMMOVABLE PROPERTY
IMPLICIT GOVERNMENT GUARANTEES
INFLATION
INFLATION RATES
INFRASTRUCTURE FINANCE
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INSTALLMENTS
INSTRUMENT
INTEREST INCOME
INTEREST RATE
INTEREST RATES
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVENTORY
INVESTMENT BANKING
INVESTMENT FINANCE
INVESTMENT OPPORTUNITIES
INVESTMENT PLAN
INVESTMENT POLICY
INVESTMENT PROJECTS
INVESTMENT PROPOSALS
ISSUANCE
LACK OF CREDIT
LAND DEVELOPMENT
LEGAL AUTHORITY
LEGAL FRAMEWORK
LEGAL OBLIGATION
LEGISLATION
LINES OF CREDIT
LOAN
LOAN AGREEMENTS
LOAN PORTFOLIO
LOAN REPAYMENT
LOCAL CURRENCY
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LOCAL LENDER
LOCAL MARKET
MACROECONOMIC STABILITY
MANDATES
MARKET SHARE
MDAS
METROPOLITAN AREAS
MICROFINANCE
MIGRATION
MINIMUM CAPITAL REQUIREMENT
MORTGAGE
MORTGAGE LOANS
MORTGAGE MARKET
MORTGAGES
NATIONAL INVESTMENT
NATIONAL SECURITY
NON PERFORMING LOANS
OPERATIONAL COSTS
OPERATIONAL REVENUES
OVERDRAFT
OVERDRAFT FACILITIES
OVERDRAFTS
PARTIAL GUARANTEES
PAYMENT SYSTEMS
PENSION
PENSION FUND
PORTFOLIO
POTENTIAL INVESTORS
PRIVATE BANKING
PRIVATE BANKS
PRIVATE COMMERCIAL BANKS
PRIVATE INVESTOR
PRIVATE INVESTORS
PRIVATE LENDING
PRIVATE PARTIES
PRIVATE PARTY
PRIVATIZATION
PRODUCTIVITY
PUBLIC ASSETS
PUBLIC DEBT
PUBLIC FUNDS
PUBLIC INVESTMENT
PUBLIC SERVICE PROVISION
PUBLIC SERVICES
PUBLIC-PRIVATE PARTNERSHIPS
REAL ESTATE
REGISTRATION SYSTEMS
REGULATORY FRAMEWORK
REMITTANCES
REPAYMENT
RESERVE
RESERVE REQUIREMENTS
RETAIL BANKING
REVOLVING FUND
RISK MANAGEMENT
RISK PROFILE
RISK SHARING
RISK TAKING
SETTLEMENT
SETTLEMENT STRUCTURES
SHAREHOLDER
SOCIAL DEVELOPMENT
SOCIAL RESPONSIBILITY
SOCIAL SERVICES
SOVEREIGN DEBT
SOVEREIGN GUARANTEE
SOVEREIGN GUARANTEES
SOVEREIGN LENDING
SOVEREIGN LIABILITIES
STATE PROPERTY
SUB-NATIONAL ENTITIES
SUBSIDIARIES
SUBSIDIARY
TAX
TAX COLLECTION
TECHNICAL ASSISTANCE
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRANSPORTATION INFRASTRUCTURE
TREASURY
TRUST FUND
TRUSTEE
URBANIZATION
USER CHARGES
spellingShingle ACCESS TO FINANCIAL SERVICES
ACCOUNTABILITY
ACCOUNTING
ADVISORY SERVICES
AFFORDABILITY
APPROVAL PROCESS
ARBITRATION
ARREARS
AUDITS
BANK ACCOUNTS
BANK GUARANTEES
BANK LENDERS
BANKING INSTITUTIONS
BANKING SECTOR
BANKING SERVICES
BANKING SYSTEM
BID
BIDS
BONDS
BORROWING
BORROWING CAPACITY
BUDGETING
BUSINESS OPPORTUNITIES
CAPACITY BUILDING
CAPITAL ADEQUACY
CAPITAL MARKETS
CAPITAL REQUIREMENT
CASH FLOW
COLLATERAL
COMMERCIAL LAW
COMMERCIAL LOANS
CONSULTING SERVICES
CORPORATE INVESTMENT
CREDIT BUREAUS
CREDIT ENHANCEMENT
CREDIT INFORMATION
CREDIT RATINGS
CREDIT RISK
CREDITOR
CREDITOR RIGHTS
CREDITWORTHINESS
DEBT
DEBT INVESTMENTS
DEBTORS
DECENTRALIZATION
DEMAND FOR CREDIT
DEPOSIT
DEPOSIT MOBILIZATION
DEPOSITS
DEVELOPMENT BANK
DEVELOPMENT CORPORATION
DEVOLUTION
DISBURSEMENT
DISBURSEMENTS
DOMESTIC ARREARS
DOMESTIC DEBT
DUE DILIGENCE
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EMPLOYMENT
ENTREPRENEUR
EQUITY PARTICIPATION
ESCROW
EXCHANGE RATE
EXPENDITURE
EXPLOITATION
EXPORT GROWTH
FINANCIAL ANALYSIS
FINANCIAL ASSISTANCE
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL OBLIGATIONS
FINANCIAL REFORMS
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCIAL TRANSACTIONS
FISCAL POLICY
FIXED ANNUITIES
FIXED RATE
FOREIGN BANK
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN FINANCIAL INSTITUTIONS
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN LOAN
FOREIGN LOANS
GOVERNMENT BONDS
GOVERNMENT DEBT
GOVERNMENT POLICY
GOVERNMENT REVENUES
HOUSING
HUMAN DEVELOPMENT
HUMAN RESOURCES
IMMOVABLE PROPERTY
IMPLICIT GOVERNMENT GUARANTEES
INFLATION
INFLATION RATES
INFRASTRUCTURE FINANCE
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INSTALLMENTS
INSTRUMENT
INTEREST INCOME
INTEREST RATE
INTEREST RATES
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVENTORY
INVESTMENT BANKING
INVESTMENT FINANCE
INVESTMENT OPPORTUNITIES
INVESTMENT PLAN
INVESTMENT POLICY
INVESTMENT PROJECTS
INVESTMENT PROPOSALS
ISSUANCE
LACK OF CREDIT
LAND DEVELOPMENT
LEGAL AUTHORITY
LEGAL FRAMEWORK
LEGAL OBLIGATION
LEGISLATION
LINES OF CREDIT
LOAN
LOAN AGREEMENTS
LOAN PORTFOLIO
LOAN REPAYMENT
LOCAL CURRENCY
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
LOCAL LENDER
LOCAL MARKET
MACROECONOMIC STABILITY
MANDATES
MARKET SHARE
MDAS
METROPOLITAN AREAS
MICROFINANCE
MIGRATION
MINIMUM CAPITAL REQUIREMENT
MORTGAGE
MORTGAGE LOANS
MORTGAGE MARKET
MORTGAGES
NATIONAL INVESTMENT
NATIONAL SECURITY
NON PERFORMING LOANS
OPERATIONAL COSTS
OPERATIONAL REVENUES
OVERDRAFT
OVERDRAFT FACILITIES
OVERDRAFTS
PARTIAL GUARANTEES
PAYMENT SYSTEMS
PENSION
PENSION FUND
PORTFOLIO
POTENTIAL INVESTORS
PRIVATE BANKING
PRIVATE BANKS
PRIVATE COMMERCIAL BANKS
PRIVATE INVESTOR
PRIVATE INVESTORS
PRIVATE LENDING
PRIVATE PARTIES
PRIVATE PARTY
PRIVATIZATION
PRODUCTIVITY
PUBLIC ASSETS
PUBLIC DEBT
PUBLIC FUNDS
PUBLIC INVESTMENT
PUBLIC SERVICE PROVISION
PUBLIC SERVICES
PUBLIC-PRIVATE PARTNERSHIPS
REAL ESTATE
REGISTRATION SYSTEMS
REGULATORY FRAMEWORK
REMITTANCES
REPAYMENT
RESERVE
RESERVE REQUIREMENTS
RETAIL BANKING
REVOLVING FUND
RISK MANAGEMENT
RISK PROFILE
RISK SHARING
RISK TAKING
SETTLEMENT
SETTLEMENT STRUCTURES
SHAREHOLDER
SOCIAL DEVELOPMENT
SOCIAL RESPONSIBILITY
SOCIAL SERVICES
SOVEREIGN DEBT
SOVEREIGN GUARANTEE
SOVEREIGN GUARANTEES
SOVEREIGN LENDING
SOVEREIGN LIABILITIES
STATE PROPERTY
SUB-NATIONAL ENTITIES
SUBSIDIARIES
SUBSIDIARY
TAX
TAX COLLECTION
TECHNICAL ASSISTANCE
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRANSPORTATION INFRASTRUCTURE
TREASURY
TRUST FUND
TRUSTEE
URBANIZATION
USER CHARGES
Bosompen, Kwasi
Montes Belot, Ricardo
Joya, Walter Bodden
Mejía de Pereira, Ana Cristina
Assessment of the Viability of PPPs and Sub-national Lending in Ghana
geographic_facet Africa
Ghana
description In 2011 the Ghanaian government issued a policy establishing Public Private Partnerships (PPPs) for the purpose of implementing infrastructure projects and improving the capacity of services provision. A World Bank Mission visited Ghana early in 2012 to assess the legal and practical feasibility of participation in PPPs at the sub-national level of the Government and the possibility that private commercial banks can provide non-sovereign financing to such PPPs. This report will present a summary of the available information on local governments and financial markets in Ghana, and identify potential infrastructure investments that could later be supported directly or indirectly by the International Finance Corporation (IFC) sub-national window, such as with bank guarantees, non sovereign loans, equity or other means. This report also discusses the legal framework for financial operations of SOEs.
format Report
author Bosompen, Kwasi
Montes Belot, Ricardo
Joya, Walter Bodden
Mejía de Pereira, Ana Cristina
author_facet Bosompen, Kwasi
Montes Belot, Ricardo
Joya, Walter Bodden
Mejía de Pereira, Ana Cristina
author_sort Bosompen, Kwasi
title Assessment of the Viability of PPPs and Sub-national Lending in Ghana
title_short Assessment of the Viability of PPPs and Sub-national Lending in Ghana
title_full Assessment of the Viability of PPPs and Sub-national Lending in Ghana
title_fullStr Assessment of the Viability of PPPs and Sub-national Lending in Ghana
title_full_unstemmed Assessment of the Viability of PPPs and Sub-national Lending in Ghana
title_sort assessment of the viability of ppps and sub-national lending in ghana
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/815031468029700581/Ghana-Assessment-of-the-viability-of-PPPs-and-subnational-lending-in-Ghana
http://hdl.handle.net/10986/26865
_version_ 1764462930061950976
spelling okr-10986-268652021-04-23T14:04:38Z Assessment of the Viability of PPPs and Sub-national Lending in Ghana Bosompen, Kwasi Montes Belot, Ricardo Joya, Walter Bodden Mejía de Pereira, Ana Cristina ACCESS TO FINANCIAL SERVICES ACCOUNTABILITY ACCOUNTING ADVISORY SERVICES AFFORDABILITY APPROVAL PROCESS ARBITRATION ARREARS AUDITS BANK ACCOUNTS BANK GUARANTEES BANK LENDERS BANKING INSTITUTIONS BANKING SECTOR BANKING SERVICES BANKING SYSTEM BID BIDS BONDS BORROWING BORROWING CAPACITY BUDGETING BUSINESS OPPORTUNITIES CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL MARKETS CAPITAL REQUIREMENT CASH FLOW COLLATERAL COMMERCIAL LAW COMMERCIAL LOANS CONSULTING SERVICES CORPORATE INVESTMENT CREDIT BUREAUS CREDIT ENHANCEMENT CREDIT INFORMATION CREDIT RATINGS CREDIT RISK CREDITOR CREDITOR RIGHTS CREDITWORTHINESS DEBT DEBT INVESTMENTS DEBTORS DECENTRALIZATION DEMAND FOR CREDIT DEPOSIT DEPOSIT MOBILIZATION DEPOSITS DEVELOPMENT BANK DEVELOPMENT CORPORATION DEVOLUTION DISBURSEMENT DISBURSEMENTS DOMESTIC ARREARS DOMESTIC DEBT DUE DILIGENCE ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH EMPLOYMENT ENTREPRENEUR EQUITY PARTICIPATION ESCROW EXCHANGE RATE EXPENDITURE EXPLOITATION EXPORT GROWTH FINANCIAL ANALYSIS FINANCIAL ASSISTANCE FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL OBLIGATIONS FINANCIAL REFORMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRUCTURE FINANCIAL TRANSACTIONS FISCAL POLICY FIXED ANNUITIES FIXED RATE FOREIGN BANK FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FINANCIAL INSTITUTIONS FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN LOAN FOREIGN LOANS GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT POLICY GOVERNMENT REVENUES HOUSING HUMAN DEVELOPMENT HUMAN RESOURCES IMMOVABLE PROPERTY IMPLICIT GOVERNMENT GUARANTEES INFLATION INFLATION RATES INFRASTRUCTURE FINANCE INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INSTALLMENTS INSTRUMENT INTEREST INCOME INTEREST RATE INTEREST RATES INTERNATIONAL FINANCE INTERNATIONAL MARKETS INVENTORY INVESTMENT BANKING INVESTMENT FINANCE INVESTMENT OPPORTUNITIES INVESTMENT PLAN INVESTMENT POLICY INVESTMENT PROJECTS INVESTMENT PROPOSALS ISSUANCE LACK OF CREDIT LAND DEVELOPMENT LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL OBLIGATION LEGISLATION LINES OF CREDIT LOAN LOAN AGREEMENTS LOAN PORTFOLIO LOAN REPAYMENT LOCAL CURRENCY LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL LENDER LOCAL MARKET MACROECONOMIC STABILITY MANDATES MARKET SHARE MDAS METROPOLITAN AREAS MICROFINANCE MIGRATION MINIMUM CAPITAL REQUIREMENT MORTGAGE MORTGAGE LOANS MORTGAGE MARKET MORTGAGES NATIONAL INVESTMENT NATIONAL SECURITY NON PERFORMING LOANS OPERATIONAL COSTS OPERATIONAL REVENUES OVERDRAFT OVERDRAFT FACILITIES OVERDRAFTS PARTIAL GUARANTEES PAYMENT SYSTEMS PENSION PENSION FUND PORTFOLIO POTENTIAL INVESTORS PRIVATE BANKING PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATE INVESTOR PRIVATE INVESTORS PRIVATE LENDING PRIVATE PARTIES PRIVATE PARTY PRIVATIZATION PRODUCTIVITY PUBLIC ASSETS PUBLIC DEBT PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC SERVICE PROVISION PUBLIC SERVICES PUBLIC-PRIVATE PARTNERSHIPS REAL ESTATE REGISTRATION SYSTEMS REGULATORY FRAMEWORK REMITTANCES REPAYMENT RESERVE RESERVE REQUIREMENTS RETAIL BANKING REVOLVING FUND RISK MANAGEMENT RISK PROFILE RISK SHARING RISK TAKING SETTLEMENT SETTLEMENT STRUCTURES SHAREHOLDER SOCIAL DEVELOPMENT SOCIAL RESPONSIBILITY SOCIAL SERVICES SOVEREIGN DEBT SOVEREIGN GUARANTEE SOVEREIGN GUARANTEES SOVEREIGN LENDING SOVEREIGN LIABILITIES STATE PROPERTY SUB-NATIONAL ENTITIES SUBSIDIARIES SUBSIDIARY TAX TAX COLLECTION TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY TRANSPORTATION INFRASTRUCTURE TREASURY TRUST FUND TRUSTEE URBANIZATION USER CHARGES In 2011 the Ghanaian government issued a policy establishing Public Private Partnerships (PPPs) for the purpose of implementing infrastructure projects and improving the capacity of services provision. A World Bank Mission visited Ghana early in 2012 to assess the legal and practical feasibility of participation in PPPs at the sub-national level of the Government and the possibility that private commercial banks can provide non-sovereign financing to such PPPs. This report will present a summary of the available information on local governments and financial markets in Ghana, and identify potential infrastructure investments that could later be supported directly or indirectly by the International Finance Corporation (IFC) sub-national window, such as with bank guarantees, non sovereign loans, equity or other means. This report also discusses the legal framework for financial operations of SOEs. 2017-06-02T20:15:40Z 2017-06-02T20:15:40Z 2012-03 Report http://documents.worldbank.org/curated/en/815031468029700581/Ghana-Assessment-of-the-viability-of-PPPs-and-subnational-lending-in-Ghana http://hdl.handle.net/10986/26865 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Africa Ghana