Technical Assistance for Phillippines IFT - Government Debt and Infrastructure Finance

IFT expects to work with the reform efforts of the current government authorities to foster a consistent process of analytical evaluation and decision making for public infrastructure; . focus on the life cycle benefits of infrastructure (and not solely on the profitability of the construction phase); assure that excellent feasibility studies capture the key information necessary to make good project decisions and allocate project risk; avoid the chronic problem of over-optimistic, unrealistic and self-serving project forecasts; discourage institutional structures that lack transparency and prevent proper scrutiny of project cash flow and budget factors..