Cross-Border Infrastructure: A Toolkit Responding to Criticisms of PFI Public finance is always cheaper than private finance. Although private financi
{"Image DocumentName": "Responding to Criticisms of PFI", "Image ImageDescription": "Public finance is always cheaper than private finance. Although private financing is typically 1-3% higher than public finance, the gap has been narrowing. Moreover, financing costs average only one third of the total cost of the projects and PFI only shows value if savings over whole life assets and service provision outweigh any additional margin on financing costs.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}