Background
Overview
PPP is a key governance and economic policy tool. Its application in social sectors, especially for vulnerable populations, highlights innovative approaches to development and resource mobilization. It's a recurring theme in economic reforms and infrastructure development, relevant for GS2 and GS3.
Public-Private Partnerships (PPPs) involve collaboration between government agencies and private companies for the financing, building, and operation of infrastructure projects or services. In social infrastructure, PPPs can leverage private sector efficiency and capital to address critical needs like affordable housing, often supported by government mechanisms like Viability Gap Funding (VGF).