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n IMFO : Official Journal of the Institute of Municipal Finance Officers - The use of financial models for infrastructure investment planning
The use of financial modeling associated with long term investment planning has evolved in South Africa over the past 15 years primarily through two processes :
- The efforts by the water sector, supported by the Water Research Commission (WRC) and the Development Bank of Southern Africa (DBSA) to improve the understanding of the financial viability of water supply and sanitation programmes at municipal level.
- The Municipal Infrastructure Investment Framework (MIIF) which was initiated in the early 1990s.
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