Public-Private Partnerships as a Way of Financing and Supporting Utility Companies

Abstract

In the last two decades, the public utility companies in North Macedonia are becoming more and more dysfunctional, and the services they offer are continuously of lower quality. Subsequently, they became a training ground for political-party employment and calculations. Hence, there is a need to find an efficient model that will overcome the problems faced by public utilities. The purpose of this chapter is to give an overview of the possibilities for public-private partnerships as a solution for improving the services and efficiency of utility companies. Finding an efficient solution for managing public utility companies is of great importance, both for citizens who regularly pay for utility services and do not receive them with adequate quality and for the Government of the Republic of North Macedonia, which at certain intervals must intervene financially with funds from the budget to be able to discharge the over-indebted utility companies.