Hungary’s Audit Experience with PPPs

Abstract

As a result of aging societies, during the last 15 years the scope of government responsibilities and public services has been reconsidered, especially in Europe. Governments face similar problems nearly everywhere: while demand for public health, education, and other social services is increasing, the workforce is decreasing. Owing to demographic trends and the high unemployment rate, revenues are continuously shrinking, while more and more expenditure is being generated. Governments are consequently seeking ways to provide services at the highest possible standards when fewer resources are available, to make services more efficient when available funds are in ever shorter supply, and to involve external sources to supplement inadequate state funds in order to provide public services.