Sustainability of a PPD - Tajikistan Consultative Council on Investment Climate

Описание: Sustainability is proving to be a challenge for the Regional Consultative Council on Improvement of the Investment Climate in Tajikistan. Gradually, the function of the Secretariat should move to capacitated private umbrella organization structure where the advocacy capacity acquired will be applied as a fee-based service. Such income will cover the running costs of the Secretariat and pay for needed reinvestment in office equipment and logistics.

What Do We Mean By sustainability?

Sustainability means that the needs of the present are met without compromising the needs of the future. An IFC study from 2009 indicated that local ownership or self-sustainability is the most timely and controversial issue facing PPDs at the moment and deserves serious scrutiny - Dialogue needs be sustained, whether it is sustained as an institution or as a culture and a practice. PPD sustainability, more specifically, is the key objective of a PPD transition strategy, and it refers to the PPD’s ability to achieve three main cornerstones:

1. Operational sustainability: i.e. the Secretariat relies on its internal capacities and/or services it purchases at market costs to manage the dialogue;

2. Financial sustainability, i.e. the PPD generates sufficient cash from services it offers to cover its cost of operations;

3. Sustained mandate and effectiveness in delivering this mandate, i.e. the PPD continues providing a channel for meaningful dialogue between the private sector and the Government and is an engine for reforms of the business enabling environment.