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State warned of the hidden risks in PPP project contracts

State warned of the hidden risks in PPP project contracts
Economy

State warned of the hidden risks in PPP project contracts


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An exterior of the International Monetary Fund (IMF) headquarters in Washington, DC. FILE PHOTO | AFP

The government has been cautioned against committing large, complex infrastructure projects to Public Private Partnerships (PPPs), which may expose citizens to fiscal risks, mainly foregone revenues in the future.

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