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<p>Following the announcement of the temporary lending programme long-term debt sources for well-structured PPP infrastructure projects have begun to re-emerge.</p><p>The announcement by the Government signalled its willingness to see PPP projects go ahead using departmental capital budgets if necessary. This policy reassured the market that the Government was willing to act. A significant number of PPP projects reached financial close, including 12 PFI projects, without the need for Government lending.</p> |