Economic Policies

EQUATIONS Response to National PPP Policy, 2011 (Draft) announced by the Department of Economic Affairs

Letters and Submissions

The Ministry of Finance issued the draft National PPP Policy, 2011 on September 27th and had invited comments/suggestions by October 15th. EQUATIONS has submitted it comments from the point of view of tourism. There are 5 key inadequacies/issues that need to be addressed: inadequate review for the need for PPPs, inadequate impact studies on PPPs, PPPs are driven by economic interests and returns on investment, impacting the access of under-privileged to basic services like health and education,clubbing of all tourism projects as public purpose being problematic as many of the PPP projects are in the high-end sectors and finally lack of basic documentation on the outcomes of existing PPP projects. While highlighting these issues, the comments also propose specific changes that need to be made in the text of the policy.