Public sector training for public-private partnerships

The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary. The Sri Lankan government is looking at public-private partnerships for donor funded development projects in future, says the Treasury Secretary. “In future planning agencies and line ministries will have to realise projects that complement public-private partnerships. Not just plan for the budget,” said Treasury Secretary, P B Jayasundara, On Monday.

The idea is to strengthen the nearly one million strong public sector to “complement a private sector lead, high risk, export oriented development model.”

A key area for partnership is donor-funded programmes, that account for 85 percent of Sri Lanka’s development projects.

Since donor funding, at most, covers only 80 percent of total project cost, partnerships with the private sector come in useful to fill in funding gaps while reducing government monopolies.

So now the Sri Lankan government is trying to speed up the slow moving public-elephant, to keep pace with the much faster private sector for future marriages.

On Monday off