Consider the following statements regarding Public-Private Partnerships (PPPs):
- PPPs involve collaboration between government and private sector entities.
- The private sector typically assumes all the financial risk in PPP projects.
- PPPs aim to leverage private sector efficiency for public service delivery.
Which of the above statements are correct?
1
1 only
2
2 and 3 only
3
1 and 3 only
4
1 and 2 only
5
1, 2, and 3