Uzbekistan and Public-Private Partnerships: Country Lessons, Republic of Uzbekistan

Author: Mr. Lawrence Dwight

Public-Private Partnerships (PPPs) utilize private sector expertise, risk sharing, management, and financing to improve public investment. However, these benefits also carry risks.

Volume/Issue: Volume 2025 Issue 087

Publication date: June 2025

ISBN: 9798229015455

$15.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Finance , National Subsidies , Public Enterprise Governance , Public Enterprise Performance , Public Infrastructure , Public Investment , Public Private , Public-Private Partnerships , Public vs Private , Scope of Government , country lesson , PPP project , PPP renegotiation , E , managing risk , Public investment spending , PPP legislation , Contingent liabilities , Global

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Summary

Public-Private Partnerships (PPPs) utilize private sector expertise, risk sharing, management, and financing to improve public investment. However, these benefits also carry risks. Project level risks include poor selection, optimism bias, off-budget financing, and contract renegotiation. Countries can manage these risks by integrating PPPs into the public investment plan, testing assumptions via scenario analysis, and evaluating risks during the selection process. Macroeconomic risks can arise if PPPs perform poorly or accumulate too rapidly. These risks can be addressed by implementing an annual cap on new projects or a cap on the PPP stock. Having a robust system to monitor PPPs improves implementation and guards losses from contingent liabilities.