[ad_1]
The Ministry of Finance does not have the necessary capacity to evaluate and monitor PPP concession contracts.
This is acknowledged by the government itself in the draft for economic reforms 2022-2024 which states that the system for evaluating these contracts, but also all other public investments is weak.
The merger of the Ministry of Economy with that of the Ministry of Finance states that, among other things, the draft has brought problems in the management of PPPs.
In its latest report on the country, the International Monetary Fund noted that the stock of public-private partnership contracts at the end of 2021 could reach 50% of Gross Domestic Product, so it called for redoubled efforts to strengthen capacity and manage fiscal risks. carrying these projects.
The development of a strategy for the improvement of the public investment monitoring system as a whole, including concessions, is identified as one of the priorities of Finance for the medium term.
It includes setting up and completing a comprehensive database of concession contracts, developing a methodology based on clear criteria for these projects, and compiling comprehensive reports on these contracts as well as public investment as a whole.
This year, it is foreseen to activate 6 new concession contracts with a value of about 194 billion ALL, about 1.5 billion euros. They include the construction of the Milot-Fier road, the project for the Vlora Triport, the construction of the Saranda airport, the concession for increasing road safety and two other contracts for the provision of public infrastructure service and the improvement of some residential blocks in Elbasan. .
top channel
[ad_2]
Source link
