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    <title>Approval for Budgetary Ceiling for Annuity Payments for PPP Projects</title>
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    <description>Approval was granted for establishing budgetary ceilings on annuity commitments under PPP projects to preserve future budgetary flexibility. Administrative guidelines implementing the ceilings will be issued to ministries for adoption and are designed to streamline the structuring, sanction and approval processes for projects procured under the annuity mode of PPP, ensuring consistent treatment of annuity obligations across sectors.</description>
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