What's not a PPP

What is not a PPP?

The way a PPP is defined in the regulations makes it clear that:

·         A PPP is not a simple outsourcing of functions where substantial financial, technical and operational risk is retained by the institution

·         A PPP is not a donation by a private party for a public good

·         A PPP is not the 'commercialization' of a public function by the creation of a state-owned enterprise

·         A PPP does not constitute borrowing by the state.