The objective of this IFC assignment was to do an initial study of the possibilities to introduce pooled financing for local authorities in Romania as a tool to finance local infrastructure investments. The mission included meetings in Bucharest 23 – 24 June 2015.
The main objectives of this assignment were to:
- Evaluate opportunities and applicability of municipal pooled financing in Romania;
- Introduce this approach to representatives and other stakeholders of the municipal sector in Romania;
- Evaluate a need/preliminary pipeline for municipal pooled financing in Romania;
- Provide preliminary advice to IFC on suitable aggregation approaches of municipal debt financing in Romania.