New data generated by the World Bank indicates that private participation in infrastructure (PPI) in developing countries, including those in the Caribbean, has seen what it describes as a “very modest uptick” in the second half of the year against the backdrop of the advent of a COVID-19 pandemic that had been “widespread and swift.”
The Bank says in its disclosure published a week ago that the 56 per cent drop in PPI from the previous year moderated to 52 per cent for the full year, having taken a historic plunge in the first half of 2020 on account of the coronavirus (COVID-19) pandemic.
