WB: Draw overseas PPP buyers by liberalized legal guidelines

SINGAPORE—The Philippines should leverage on latest reforms permitting elevated overseas capital, particularly in infrastructure, because it pushes for extra public-private partnerships (PPPs) at a time when the federal government is saddled with debt whereas companies wrestle with increased rates of interest, a World Financial institution official mentioned.

“I feel one outstanding improvement within the Philippines is the numerous reform in insurance policies for investments in infrastructure. A lot of provisions which restricted the scope for overseas funding have now been modified,” Aaditya Mattoo, World Financial institution Group chief economist for East Asia and Pacific, instructed the Inquirer on the sidelines of the Asia Infrastructure Discussion board 2022. Matto…

Carry on studying: WB: Draw foreign PPP investors through liberalized laws

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