Guidance Note: Road Transport Subsector Risk Assessment

Guidance Note: Road Transport Subsector Risk Assessment

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The road transport subsector tends to be vulnerable to risks. This is due to large budgets that often comprise a sizable percentage of a country's national budget (20%-30%), an unclear strategic vision, nontransparent policy decisions that lead to inappropriate priorities, procurement contracts for goods and services that lend themselves to corruption, and political interference. Additional factors include weak business processes and control systems, weak capacity of subsector agencies, and fragile links across agencies and stakeholders. This guidance note aims to explain key features of the road transport subsector and identify entry points for mapping governance risks.The communique from the preliminary meeting of finance ministers and central bankers in April maintained, a€œin view of ... the World Banka#39;s effort to establish procurement guidelines that meet the highest standards for transparency and rigor.

Title:Guidance Note: Road Transport Subsector Risk Assessment
Author: Asian Development Bank
Publisher:Asian Development Bank - 2010-08-01

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