KPMG Survey: Poor infrastructure funding could deepen recession
Tuesday, March 9, 2010
Public sector executives around the world agree with private infrastructure providers and business leaders that government effectiveness and financing are top challenges to delivering infrastructure projects, according to a survey commissioned by KPMG, a global network of independent firms, providing tax audit and advisory services.According to the survey, 56% of the respondents said lack of funds remained the largest obstacle in infrastructure development.“While stimulus spending was a ...