List any 2 important contributions of PPP in a cell.
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Ensure the necessary investments into public sector and more effective public resources management;
Ensure higher quality and timely provision of public services;
Mostly investment projects are implemented in due terms and do not impose unforeseen public sectors extra expenditures;
A private entity is granted the opportunity to obtain a long-term remuneration;
Private sector expertise and experience are utilized in PPP projects implementation;
Appropriate PPP project risks allocation enables to reduce the risk management expenditures;
In many cases assets designed under PPP agreements could be classified off the public sector balance sheet
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Any 2 important contributions of PPP in a cell are as follow:
- In public sector, necessary investment and effective resources of management are ensured by Public- private partnership or PPP. Higher quality and timely arrangement are also ensured by this.
- The public sector balance sheet could classify off designed assets under PPP agreement.
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