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Development of Policy, Legal, and Insitutional Framework for - ppiaf

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<strong>Development</strong> <strong>of</strong> <strong>Policy</strong>, <strong>Legal</strong>, & Institutional <strong>Framework</strong> <strong>for</strong> the PPP Program in Malawi<br />

Final Report<br />

The third scenario is one that might or might not apply to Malawi. Our suggestion is that<br />

Government mobilizes the PPP program with PPP Regulations, then monitor how stakeholders<br />

<strong>and</strong> investors respond. If stakeholder agencies resist the authority given to the PPP Unit <strong>and</strong><br />

Ministry <strong>of</strong> Finance by the Regulations, <strong>and</strong>/or if private investors do not show sufficient<br />

interest in PPP transactions because they perceive regulations to be only transitory <strong>and</strong> not a<br />

sufficient show <strong>of</strong> commitment on the part <strong>of</strong> Government, then yes, a new PPP Act should be<br />

enacted.<br />

Introduction to the Report<br />

In the following section on <strong>Policy</strong> <strong>Framework</strong>, we present a draft National PPP <strong>Policy</strong> statement<br />

<strong>for</strong> Government to review <strong>and</strong> consider <strong>for</strong> publishing. Following the <strong>Policy</strong> section, there is a<br />

section on <strong>Legal</strong> <strong>Framework</strong>, where we provide summary descriptions <strong>of</strong> the best 14 options <strong>for</strong><br />

such framework, along with “Pros” <strong>and</strong> “Cons” columns, then a column <strong>for</strong> quick reference to<br />

the most relevant international examples. Then we reduce the 14 down to the best 3 by using<br />

international best practice options analysis methods. At the end <strong>of</strong> that section, we use<br />

subjective analysis to select the preferred option. After the <strong>Legal</strong> <strong>Framework</strong> section, we<br />

present our analysis <strong>of</strong> the Institutional <strong>Framework</strong> implications <strong>of</strong> what we have<br />

recommended <strong>for</strong> <strong>Policy</strong> <strong>and</strong> <strong>Legal</strong> designs, along with a detailed institutional framework <strong>for</strong> a<br />

PPP Unit that is scaled according to the level <strong>of</strong> PPP deal flow. Finally, we present a section<br />

called Road Map, which shows a Road Map <strong>for</strong> implementing the recommendations presented<br />

in this report.<br />

THE INSTITUTE FOR PUBLIC-PRIVATE PARTNERSHIPS 18

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