26 April 2019

Framework for the management of Fiscal Commitments and Contingent Liabilities (FCCL)

Written by National Treasury of Kenya
26 April 2019

The FCCL Framework was prepared in assistance with the World Bank under the IFPPP project. The FCCL Framework comprises FCCL guidelines and the FCCL technical manual.

The FCCL guidelines provide a description of the assessment and approval of FCCLs associated with PPP projects. The FCCL technical manual’s objective is to provide a detailed description of the FCCL Framework and methodologies for quantifying risks, and illustrate the use of the long-term fiscal planning tool and template for the project risk matrix.