I have completed my IFC assignment to do a pre-feasibility study about the possibilities to introduce pooled financing mechanisms (PFM) in South Africa. My conclusion is that many of the prerequisites for PFM are present. It could be a way forward to further expand the cities’ financing activities on the capital market and add increased flexibility and diversification in the funding operations for creditworthy municipalities such as metros and some secondary cities. For other municipalities to become a part of PFM intense efforts must be made to increase their creditworthiness and management capacity.
The executive summary can be found here.
For more information: send me a mail to lars.m.andersson[at]maproductions.se
Lars M Andersson
