Measures are introduced to make tender procedures more efficient by centralizing orders and to facilitate the participation of small and medium-sized enterprises. Overall, the measures are consistent with the objectives of speeding up the procedures and achieving greater involvement of private capital in the implementation of infrastructure.
However, the proper use of public-private partnerships requires safeguards to guarantee the clear and efficient allocation of risks and careful monitoring of projects’ day-to-day management. It is also important to ensure there are adequate technical skills at local government level to guarantee pursuit of the public interest. Interventions in the banking system.