Philippines: Management of Contingent Liabilities Arising from Public-Private Partnership Projects
Published By: Asian Development Bank | Published Date: December, 01 , 2016The paper says that the government has already initiated reforms to strengthen the institutional framework for managing contingent liabilities arising from PPP projects. Among these reforms are (i) establishment of an inter-agency Contingent Liability Monitoring Group headed by the National Treasurer, (ii) setting up a Contingent Liability Division within the Debt and Risk Management Office of the Bureau of Treasury, and (iii) inclusion of the Risk Management Program in the Unprogrammed Fund of the national budget.
Author(s): Asian Development Bank Institute | Posted on: May 10, 2017 | Views() | Download (404)