Brussels/Washington DC, October 11 2017. A new campaign aimed at reversing the dangerous rush to promote expensive and high-risk public-private partnerships (PPPs) was launched on October 11 by civil society organisations from all over the globe.
The campaign’s manifesto - launched during the World Bank and International Monetary Fund annual meetings in Washington DC - demands that western governments, the World Bank and other development banks stop prioritising PPPs over traditional public borrowing to finance social and economic infrastructure and services.