Description

This document looks at alternative ways of providing a secure and stable source of finance for roads (excluding toll roads and concessions – see main node on Toll Roads and Concessions) without introducing undue fiscal inflexibility. It focuses on the key issues you need to know about financing roads through the government’s general budget, or through a second-generation off-budget financing mechanism.This document looks at alternative ways of providing a secure and stable source of finance for roads (excluding toll roads and concessions – see main node on Toll Roads and Concessions) without introducing undue fiscal inflexibility. It focuses on the key issues you need to know about financing roads through the government’s general budget, or through a second-generation off-budget financing mechanism.