Public-private partnerships (PPPs) have become a central policy tool for many governments seeking to finance development while addressing growing fiscal and institutional constraints. The Union of Arab Banks highlights PPPs as a mechanism that not only mobilizes private resources but also distributes risks, enhances efficiency, and sustains economic growth. Their significance is particularly evident in countries facing fiscal pressures and urgent development needs, where balancing public oversight with private investment becomes essential. Lebanon, grappling with deep economic challenges, illustrates both the potential and the complexity of such arrangements.
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