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On March 30, 2012 the Order of the Ministry of Economic
Development and Trade of Ukraine No. 255 "Some problems of
conducting the analysis of the effectiveness of public-private
partnership implementation" came into force.
The Order approves the feasibility study form for public private
partnership implementation (hereinafter the PPP), as well as the
methodology for analyzing the effectiveness of PPP, which
determines the basic parameters and indicators of the effectiveness
of PPP. The analysis of PPP implementation shall be conducted in
stages specified in the procedure approved by the Resolution of the
Cabinet of Ministers of Ukraine as of April 11, 2011 No. 384.
The Order approves the comparative table on the effectiveness of
achieving the goal of PPP with the involvement of a private partner
or without it. Thus, when evaluating the financial performance of
investment the cash flow, which is formed in the process of PPP
implementation, shall be compared with the initial investment
amount. PPP is deemed effective if it provides for the return of
the original investment amount and the required profit for the
investors.
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Today's entry reports that the Growth and Infrastructure Bill has finally completed its passage through Parliament and will become the Growth and Infrastructure Act 2013 today.
When the Coalition Government came to office there was a good deal of head scratching by politicians, commentators and lobbyists alike about what this new, for Westminster, style of government would mean.
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