https://www.taxtmi.com/news?id=11405 Market-based instruments and private participation are key to urban infrastructure financing but are constrained by weak municipal creditworthiness, limited secondary markets, non-standardised accounting and regulatory bottlenecks; recommended reforms include standardised municipal accounting, strengthened intergovernmental transfers, pooled finance with legislative backing, review of tax-exempt interest caps, development of domestic debt markets, a transparent municipal default resolution mechanism, and safeguards to ring-fence project revenues to attract private and multilateral capital. en-us Sat, 20 Jul 2013 10:08:00 +0530 Wed, 11 Feb 2026 15:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11405 Market-based instruments and private participation are key to urban infrastructure financing but are constrained by weak municipal creditworthiness, limited secondary markets, non-standardised accounting and regulatory bottlenecks; recommended reforms include standardised municipal accounting, strengthened intergovernmental transfers, pooled finance with legislative backing, review of tax-exempt interest caps, development of domestic debt markets, a transparent municipal default resolution mechanism, and safeguards to ring-fence project revenues to attract private and multilateral capital. News - Sat, 20 Jul 2013 10:08:00 +0530 https://www.taxtmi.com/news?id=11405