02490nam a2200337Ia 4500001001200000003000800012006001900020007001500039008004100054020001500095020003200110040002100142035002000163050002600183082001900209245007600228260010500304300001000409490002900419500117000448533015201618650004101770650004801811650005401859650002001913655002901933710001701962830003001979856012602009999001702135ebr10081815CaPaEBRm        u        cr cn|||||||||050623s2004    dcu     s     000 0 eng d  z0821362054  z0821362062 (electronic bk.)  aCaPaEBRcCaPaEBR  a(OCoLC)6070696314aHC920.Z9.bC37 2004eb04a363.09688522200aPrivate solutions for infrastructure in Lesothoh[electronic resource].  aWashington, D.C. :bWorld Bank :a[S.l.] :bPublic-Private Infrastructure Advisory Facility,cc2004.  a91 p.1 aCountry framework report  aInfrastructure in Lesotho is relatively undeveloped with poor coverage and low-quality services common to many African countries that have low per capita incomes and government fiscal limitations that constrain infrastructure investment. This report finds that private participation in infrastructure could offer Lesotho three key advantages: (1) augmenting budget resources in cases where the private sector undertakes to finance projects or services that would not otherwise be funded, (2) improving the quality and efficiency of service delivery, and (3) accelerating investments in infrastructure. By the same token, the report makes clear that private participation in infrastructure carries significant down-side risks that, despite the best of intentions, could lead to negative fiscal impacts, lower than expected service quality, disruptions to service, or more dire consequences. Accordingly, the need to establish private participation in infrastructure implementation and post-transaction oversight capacity is deemed to be of paramount importance if the Lesotho Government is to embrace an overall strategy for private participation in infrastructure.   aElectronic reproduction.bPalo Alto, Calif. :cebrary,d2009.nAvailable via World Wide Web.nAccess may be limited to ebrary affiliated libraries. 0aInfrastructure (Economics)zLesotho. 0aPublic-private sector cooperationzLesotho. 0aInfrastructure, Transport, and Urban Development. 0aPrivate sector. 7aElectronic books.2local2 aebrary, Inc. 0aCountry framework report.40uhttp://site.ebrary.com/lib/rucke/Doc?id=10081815zAn electronic book accessible through the World Wide Web; click to view  c55045d55045