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Municipal Infrastructure Financing

Innovative Practices from Developing Countries

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State of Municipal Finance in Commonwealth Developing Countries

It is expected that most of the increase in the world’s population until 2030 will be absorbed by urban areas. In sub-Saharan Africa, the urban population, 270 million at the time of writing, has increased at an annual rate of about 5 per cent since 1980 and is expected to reach 630 million by 2030. Over a similar period, the urban population in Asia will rise from 1,570 million to 2,670 million. As urban growth continues unabated, an increasing number of Commonwealth (developing) countries have assigned greater autonomy and responsibility for infrastructure and service provision to local governments. The unprecedented urbanisation coupled with the growth in population presents a challenge to government authorities in providing adequate infrastructure facilities and services.

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