Increased transparency?

The government claims "…transparency will be at the centre of PF2 arrangements" (ibid).

However, the proposals are meagre with regard to the sale of PPP equity. The government will publish an annual report detailing full project and financial information on all projects where it is a shareholder and will require "…the private sector to provide actual and forecast equity return information for publication" (ibid). No changes are planned to require more, even basic public disclosure of PPP equity transactions when they occur. The problems experienced in the preparation of the ESSU PPP equity database will remain.