government control on the finance and working of these
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Five ways governments can control spending
commitments in public–private partnerships
Timothy Irwin1
17 October 2006
1 Infrastructure Economics and Finance Department. This draft has benefited from
discussions about public–private partnerships and fiscal management with officials in
many countries, including Australia, Britain, Hungary, Korea, and South Africa—as well
as with many colleagues in the World Bank and the International Monetary Fund.
commitments in public–private partnerships
Timothy Irwin1
17 October 2006
1 Infrastructure Economics and Finance Department. This draft has benefited from
discussions about public–private partnerships and fiscal management with officials in
many countries, including Australia, Britain, Hungary, Korea, and South Africa—as well
as with many colleagues in the World Bank and the International Monetary Fund.
Answered by
2
Our work is guided by six strategic priorities which support our ultimate ambition to put finance at the heart of decision making, driving the agenda and not just keeping score:
Getting the basics right – ensuring good forecasting and reporting, robust data and efficient transaction processing.People & capability – building a high performing and diverse function, with great people in the right roles with the right skills.Operating model – developing a modern, collaborative finance function that delivers quality services more effectively and efficiently.Finance insight – improving our understanding of what we get for our money and using insight to drive value for money.Trusted advisor – acting as the ‘go-to’ advisor for colleagues to provide expert advice and informed decision-making.Planning and performance – driving a strong culture of planning and performance with integrated financial and business planning, aligned with robust risk and assurance.
Getting the basics right – ensuring good forecasting and reporting, robust data and efficient transaction processing.People & capability – building a high performing and diverse function, with great people in the right roles with the right skills.Operating model – developing a modern, collaborative finance function that delivers quality services more effectively and efficiently.Finance insight – improving our understanding of what we get for our money and using insight to drive value for money.Trusted advisor – acting as the ‘go-to’ advisor for colleagues to provide expert advice and informed decision-making.Planning and performance – driving a strong culture of planning and performance with integrated financial and business planning, aligned with robust risk and assurance.
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