Financial Aspects and Efficiency
The financial policy of the sector, as defined in 1994, is based on the following key principles:
- The only support from the State is in the form of on-lending of donor’s financing; there are no ongoing operating subsidies.
- There will be no excessive increases in water tariffs; tariff increases are gradual on the basis of a financial model.
- There is a social tariff (the subsidized first block of the tariff for consumption under 10 m³ per month) in order to ensure affordability.
Read more about this topic: Water Supply And Sanitation In Senegal
Famous quotes containing the words financial, aspects and/or efficiency:
“The woman who does her job for society inside the four walls of her home must not be considered by her husband or anyone else an economic “dependent,” reaching out her hands in mendicant fashion for financial help.”
—Mary Barnett Gilson (1877–?)
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—Henry David Thoreau (1817–1862)
“I’ll take fifty percent efficiency to get one hundred percent loyalty.”
—Samuel Goldwyn (1882–1974)