Download or read book The Future of PPPs in the Western Balkans written by Mr. Jan Kees Martijn and published by International Monetary Fund. This book was released on 2023-02-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public-Private Partnerships (PPPs) are increasingly an important vehicle for several Western Balkan countries to increase investment to reduce their infrastructure gaps. While there are benefits to well-designed and implemented PPPs, they also carry a potential for large fiscal risks and increased costs if not managed well. Countries with successful PPP programs typically benefit from a clear and well-designed PPP governance framework, which covers all stages of the PPP life cycle. Western Balkan countries need to address gaps in their PPP governance frameworks to fully reap the potential benefits from PPPs.