Supporting growth in the global economy: The future of infrastructure finance
The gap between the developing world’s infrastructure needs and the existing funding capacity over the next 20 years is estimated at more than $15tn. Addressing the gap with private sector capital to support growth is a priority for the US. Financial integrity is key to attracting private sector capital, including sustainable and transparent debt, a level playing field for US firms, and fair and transparent procurement. Mitchell A. Silk, Acting Assistant Secretary for International Markets at the US Department of the Treasury, will discuss global developments in infrastructure finance, including its role in promoting global growth and stability, and contributions of the public and private sectors.