 "The infrastructure action agenda")
Among the many issues to be tackled in the infrastructure sector, the new government would do well to prioritise these 10 specific initiatives:
• State assets monetisation and recycling: Public expenditure will continue its dominant position as the key driver for infrastructure investments, and thereby also the pump-primer of the economy. The available fiscal headroom for the purpose is severely constrained. Headroom has to be augmented by releasing the moneys locked-up in state-owned operating utilities — both at the central and state levels. There is demonstrated appetite amongst foreign institutional investors to invest in these long-term annuity assets. However, the
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