Vision to Program to Projects (V2P2P)
Project Prioritization and Screening | Analytical
Public-Private Partnerships Fiscal Risk Assessment Model (PFRAM)
The Public-Private Partnerships Fiscal Risk Assessment Model (PFRAM) is an analytical tool jointly developed by the IMF and the World Bank to assist governments in assessing potential fiscal risks of a PPP project. Based on international accounting and statistical standards, the PFRAM allows the user to estimate the macro-fiscal implications of PPP projects — i.e., their impact on the fiscal deficit, gross and net debt, and stock of contingent liabilities for government. It also provides a framework to identify fiscal risks linked to a PPP project, evaluate them, and discuss appropriate mitigation measures.