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:
“... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.”
—Mary E. Wilkins Freeman (1852–1930)
“It is always a sign of an unproductive time when it concerns itself with petty and technical aspects [in philology], and likewise it is a sign of an unproductive person to pursue such trifles.”
—Johann Wolfgang Von Goethe (1749–1832)
““Never hug and kiss your children! Mother love may make your children’s infancy unhappy and prevent them from pursuing a career or getting married!” That’s total hogwash, of course. But it shows on extreme example of what state-of-the-art “scientific” parenting was supposed to be in early twentieth-century America. After all, that was the heyday of efficiency experts, time-and-motion studies, and the like.”
—Lawrence Kutner (20th century)