Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability

Capital investment is essential for achieving sustainable cities. Melaka State’s long-term sustainability can be improved through well-planned investments in various projects, such as the development of ports and rail connections, a robust public t...

Full description

Bibliographic Details
Main Authors: Global Platform for Sustainable Cities, World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/154961556621029178/Supporting-Report-6-Demonstrating-Fiscal-Sustainability
http://hdl.handle.net/10986/31664
id okr-10986-31664
recordtype oai_dc
spelling okr-10986-316642021-09-16T13:28:44Z Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability Global Platform for Sustainable Cities World Bank CITY DEVELOPMENT STRATEGY SUSTAINABLE CITIES FISCAL SUSTAINABILITY REVENUE MOBILIZATION DEBT MUNICIPAL FINANCE Capital investment is essential for achieving sustainable cities. Melaka State’s long-term sustainability can be improved through well-planned investments in various projects, such as the development of ports and rail connections, a robust public transportation network, and adequate flood prevention. All of these projects will require capital. Although financing provided by Malaysia’s federal government is important, Melaka State’s ability to shape its own investment priorities and accelerate the fiscal improvement process can be greatly enhanced by accessing market-based financing whether through long-term debt financing, public-private partnerships (PPPs), land value capture mechanisms, or a combination of these. Fiscal sustainability is the key to accessing adequate capital resources for Melaka State’s investment projects indicated in the state structure plan. This supporting report reviews the fiscal sustainability of both Melaka State and one of its municipalities, Melaka City. The report concludes by offering several key recommendations that Melaka State and Melaka City could take in order to improve their fiscal sustainability. 2019-05-08T21:20:14Z 2019-05-08T21:20:14Z 2019 Report http://documents.worldbank.org/curated/en/154961556621029178/Supporting-Report-6-Demonstrating-Fiscal-Sustainability http://hdl.handle.net/10986/31664 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: City Development Strategy East Asia and Pacific Malaysia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CITY DEVELOPMENT STRATEGY
SUSTAINABLE CITIES
FISCAL SUSTAINABILITY
REVENUE MOBILIZATION
DEBT
MUNICIPAL FINANCE
spellingShingle CITY DEVELOPMENT STRATEGY
SUSTAINABLE CITIES
FISCAL SUSTAINABILITY
REVENUE MOBILIZATION
DEBT
MUNICIPAL FINANCE
Global Platform for Sustainable Cities
World Bank
Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
geographic_facet East Asia and Pacific
Malaysia
description Capital investment is essential for achieving sustainable cities. Melaka State’s long-term sustainability can be improved through well-planned investments in various projects, such as the development of ports and rail connections, a robust public transportation network, and adequate flood prevention. All of these projects will require capital. Although financing provided by Malaysia’s federal government is important, Melaka State’s ability to shape its own investment priorities and accelerate the fiscal improvement process can be greatly enhanced by accessing market-based financing whether through long-term debt financing, public-private partnerships (PPPs), land value capture mechanisms, or a combination of these. Fiscal sustainability is the key to accessing adequate capital resources for Melaka State’s investment projects indicated in the state structure plan. This supporting report reviews the fiscal sustainability of both Melaka State and one of its municipalities, Melaka City. The report concludes by offering several key recommendations that Melaka State and Melaka City could take in order to improve their fiscal sustainability.
format Report
author Global Platform for Sustainable Cities
World Bank
author_facet Global Platform for Sustainable Cities
World Bank
author_sort Global Platform for Sustainable Cities
title Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
title_short Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
title_full Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
title_fullStr Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
title_full_unstemmed Melaka Sustainability Outlook Diagnostic : Supporting Report 6 - Demonstrating Fiscal Sustainability
title_sort melaka sustainability outlook diagnostic : supporting report 6 - demonstrating fiscal sustainability
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/154961556621029178/Supporting-Report-6-Demonstrating-Fiscal-Sustainability
http://hdl.handle.net/10986/31664
_version_ 1764474854376996864