World Bank demands Kenya raises the price of water. Water bills set to go up.

[SIZE=5]Like Trump said last year, the third world will pay for Biden’s Green New Deal. Kuleni ujeuri yenu.

Biden wants you to pay more for water. Water is the new gold. The new trade commodity.[/SIZE]

[SIZE=5]This is the main reason why under Moi most Kenyan homes went without water, because the foreigners wanted to take over Kenya’s water by raising taxes.

Under Kibaki the French wanted to force Kibaki to sell Nairobi water company to a French firm. Kibaki refused because water is life, water is a national resource![/SIZE]

[SIZE=5]Create Covid, great reset, bonobo will go begging mzungu. Genius![/SIZE]

[SIZE=6]Water bills set to rise on World Bank loan terms[/SIZE]
A man fetches water from a tap at Nyeri Water and Sewerage Company (Nyewasco) plant at Gatei in Nyeri on February 16, 2015. FILE PHOTO | NMG

More by this Author[SIZE=5]SUMMARY[/SIZE]
[li]Water bills are set to increase in the wake of pressure from the World Bank for a new conservation levies and increased regulatory charges for water companies.[/li][li]The multilateral financier reckons that Kenyan water service providers should cover 70 percent of the Water Resource Authority’s (WRA) budget from the current 30 percent.[/li][li]Introduction of fresh water conservation levies will see the service providers pass the additional costs to homes and businesses for piped water and sewerage.[/li][/ul]

Water bills are set to increase in the wake of pressure from the World Bank for a new conservation levies and increased regulatory charges for water companies.

The multilateral financier reckons that Kenyan water service providers should cover 70 percent of the Water Resource Authority’s (WRA) budget from the current 30 percent.

Introduction of fresh water conservation levies will see the service providers pass the additional costs to homes and businesses for piped water and sewerage.

“To enhance access to water and sanitation services, and improve the management and conservation of water resources… implements new water abstraction charges and water conservation levies,” the World Bank said.

Abstraction charges are what the licensed water providers pay the WRA for accessing the commodity from natural sources like rivers.

“The current water abstraction charges do not provide adequate economic incentives for water conservation, nor generate enough financial resources to enable WRA to perform its regulatory functions,” the World Bank said.

The World Bank’s push for higher water levies was revealed in an advisory to the government after it approved a new loan for Kenya valued at Sh80 billion to help the country continue responding to the Covid-19 pandemic and address its debt vulnerabilities.

“The proposed changes affect companies that harvest raw water from rivers. The water companies will call for an increase from the regulator to reflect the higher cost of obtaining the water,” said a top executive at the Water Services Regulatory Board (WSRB), which approves new tariffs.

The board reckons that a number of water firms, including Nairobi City Water and Sewerage Company (NCWSC), are due for tariff review.
The service providers have been campaigning for the review of tariffs that were last revised more than five years ago in order to cover the ballooning costs of operation and maintenance.

Under the new tariff guidelines, each service provider is expected to recover its full cost of providing services in the medium- to long-term and leave a surplus to allow them improve infrastructure.
Currently Kenyans pay an average of Sh93 per cubic metre or 1,000 litres for water piped to homes.
The planned tariff adjustment will force water consumers to dig deeper into their pockets, a painful blow coming at a time when the cost of living has risen to unprecedented levels.
The combined impact of high water tariffs and costly petrol and cooking gas is expected to pile inflationary pressure in an economy where households have knocked off some goods and services from their budgets to navigate the turbulent times.

Kenyans on social media have recently raised concern over reduced cash flow, fewer employment opportunities and mounting public debt, which triggered a petition to the International Monetary Fund (IMF) to stop giving the country more loans.
The World Bank says the additional costs are necessary to meet the costs of conservation for water catchment areas.

[SIZE=5]The multilateral lenders, including the IMF, are expected to play a bigger role in shaping policy that would require the government to implement tough conditions across many sectors. :D:eek::eek:[/SIZE]

The IMF and World Bank advisories come on the back of their multi-billion shilling loan facilities to Kenya where money flows straight into the budget to top up the public purse.

[SIZE=5]Under the administration of former President Mwai Kibaki, Kenya kept away from this type of credit, with most of the support from institutions like the IMF and the World Bank coming in the form of project support.[/SIZE]

Kenya has recently faced a deteriorating cash-flow situation, marked by falling revenues, worsening debt service obligations, and the effects of the Covid-19 pandemic.

The Treasury also came under pressure from the IMF to double the value added tax (VAT) on all petroleum products in an effort to cut budget deficit and tame public borrowing.
More recently, soaring demand for water and poor weather have led to shortages in most towns.

Ata hawajui, wangesema hewa.

Cost of products will go up

Hii dunia itakuwa poa the day CHina/Russia/Iran/North Korea wa ta nuke NATO wamalize hao mashetani wa USA, UK, France and the rest.

As far as I am concerned NATO are the worst Terrorists on this planet. Worse than ISIS or Alqaeda

So instead of dealing with your own problems unaanza ku point watu wengine.
The road to recovery starts with accepting the mistake.
Makosa isha fanyika…so what next

We should get all our loans from china coz the chinaman doesn’t have all these stupid loan preconditions za beberu IMF and World Bank. If anything it has been proven that all the structural adjuments imposed on countries by IMF and WB in the 1990s were a big flop and led to lots of suffering for citizens. Repeating the same mistakes 30yrs later is being stupid.

let’s not forget that it was this fat fucker’s overborrowing that has kenyas anus exposed to the west… institutions are puppets.

It is a known fact that amuerica uses those institutions to colonise states, make them dependent, make them puppets (Read the book “Confessions of an economic hitman”). When corona happened the US printed trillions of dollars to pay for the economic disruptions and welfare situation at home. And now they are offloading the excess printed dollars as loans to 3rd world countries after the 3rd world countries were banned for printing cash to manage their covid situations. We cant have 2 sets of laws, one for the US and another for other states.

[SIZE=7]US is `printing’ money to help save the economy from the COVID-19 crisis, but some wonder how far it can go[/SIZE]
[SIZE=6]The Federal Reserve is creating dollars from scratch at an unprecedented rate, one of many tools to rescue the economy amid the coronavirus pandemic.[/SIZE]
Brent Schrotenboer, USA TODAY
Published 12:01 PM GMT+3 May. 12, 2020 Updated 12:45 AM GMT+3 May. 14, 2020

If you have nukes you can do whatever you please. Cowardly terrorist USA would never invade North Korea or China because they know Theo consequences would be dire, they will readily invade Libya, Iraq or Somalia Fvcking yankees

kazi ni elder atoboe, alafu tupige kerere kupitia keyboards, kwisha.

Now you will see less of these…

…and more of these:D:D:D:D[ATTACH=full]374087[/ATTACH]

your masters have over borrowed in china and can’t anymore from there. The only alterternative we have is the IMF & WB…But its good this you accept your master is economic stipid

Critical mass to ignite action bado kufikiwa.

Story za World Bank, IMF etc huwa si poa vile. Their track record is not fun.

[SIZE=6]Bechtel Surrenders in Bolivia Water Revolt Case | Earthjustice[/SIZE]
A Revolt Over Water. In 1997, the World Bank made privatization of the public water system of Bolivia’s third largest city, Cochabamba, a condition of the country receiving further aid for water development. That led, in September 1999, to a 40-year concession granted to a company led by Bechtel. Within weeks of taking over the city’s water

Geshina lazima anukishe kitungu

I see nothing wrong,in other words they were simply saying reduce the costs.

If you read everything they said is that the budget should be covered by water services providers.Kwani mlitaka Nani alipe hiyo???

From another angle: people will feel the pressure,the agencies will be forced to find ways to reduce the costs,prices will come down.

That is the only language Kenyans understand otherwise…