Toward More Accountable PPPs : A Review of the Development, Implementation, and Post-Implementation Experience of Improved Disclosure Practices in PPPs in Ghana, Honduras, Kenya, and Nigeria
In the face of declining fiscal space and the need to build back better after the Coronavirus (COVID-19) pandemic, governments are turning to public-private partnerships (PPPs) to deliver infrastructure assets and services. Disclosure of informatio...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/271961636970611193/Toward-More-Accountable-PPPs-A-Review-of-the-Development-Implementation-and-Post-Implementation-Experience-of-Improved-Disclosure-Practices-in-PPPs-in-Ghana-Honduras-Renya-and-Nigeria http://hdl.handle.net/10986/36596 |
| Summary: | In the face of declining fiscal space
and the need to build back better after the Coronavirus
(COVID-19) pandemic, governments are turning to
public-private partnerships (PPPs) to deliver infrastructure
assets and services. Disclosure of information plays an
important role in PPP programs. Several clients of the World
Bank Group, including those with well-established PPP
programs, currently do not disclose PPP information in a
structured way throughout the project life cycle. Responding
to these challenges, the World Bank developed a series of
knowledge products to understand disclosure in PPPs, as well
as to provide tools to governments for improving PPP
disclosure. Post implementation of national PPP disclosure
frameworks in the pilot countries, it became important to
document the process, as well as assess the experience and
perceptions related to the changed disclosure environment
culminating in the disclosure of information via
public-facing web portals. To support this task, a study was
carried out over 2019-2020 to capture the enhanced
disclosure environment, understand the perceptions of
stakeholders vis-à-vis structured disclosure, identify what
was working well, as well as indicate areas for improvement.
This paper is a culmination of this effort to document the
process and analyze the experience gained from the
four-country pilot carried out in Ghana, Honduras, Kenya,
and Nigeria. Section 1 of the paper provides the general
background within which PPP disclosure is located, as well
as the key elements of the World Bank’s Framework for
Disclosure in PPPs. Section 2 documents the process followed
in developing and implementing customized national
frameworks in the pilot countries. |
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