Tag Archive | Colombia
Colombia: government seeks to moderate water consumption through rate increase
The Colombian government will issue a presidential decree in January 2010 to increase water tariffs in an effort to moderate water consumption in the country, local paper La República reported. Rates will be adjusted in each region according to water usage and climate variables, environment and housing minister Carlos Costa was quoted as saying. Households […]
Colombia: IDB approves US$250mn for water programs
The Inter-American Development Bank (IDB) has approved a US$1.3bn loan to Colombia aimed at infrastructure works, as well as soothing the effects of the global economic crisis in the country. [This includes] US$250mn [for] water programs [in the form of] rapid disbursement loans. Potable water and sanitation programs for Pasto, the capital of Nariño department, […]
Colombia: anti-crisis plan includes US$2bn for potable water initiatives, Uribe
Colombia will spend US$2bn on potable water initiatives as part of the country’s anti-crisis investment plan, President Álvaro Uribe told BNamericas. The investment will cover potable water treatment, expansion, improvement and maintenance initiatives. Works will generate jobs, combating the effects of the global financial crisis, and improve quality of life for Colombians, Uribe said. [T]he […]
Colombia: oil revenues finance water plan
The Colombian government will provide an estimated 150bn-peso (US$60.9mn) budget to Meta department’s water plan during the next four years. [...] Environment minister Juan Lozano and Meta governor Darío Vásquez signed the contract [...] for the first phase of the department’s water plan. The agreement allows the department to receive money from royalties deriving from […]
Colombia: water project benefits from government’s anti-crisis investment plan
Water and sanitation projects may benefit from government measures to combat the financial crisis by investing in infrastructure as recommended by the 2004 Nobel Prize winner for economics, Finn Erling Kyland, has recommended. Colombia’s Norte de Santander department, will receive 30bn pesos (US$12.2mn) for water and sanitation works as part national government’s anti-crisis investment plan. […]
Colombia: more than 800 municipalities risk losing access to water funding
Almost 80% of Colombia’s municipalities risk losing their participation in the Sistema General de Participaciones (SGP), or general revenue sharing system, according to Colombia’s public services regulator Superservicios. This is because they have either not transferred resources to the solidarity and income redistribution fund (FSRI) or they have failed to submit reports to the national […]
Colombia: Government attracts pension fund investment in water, infrastructure projects
Colombian government authorities are promoting investment in infrastructure development projects among local pension funds, national planning department (DNP) head Carolina Rentería told BNamericas. Pension savings have increased tremendously over the last years and authorities see infrastructure initiatives, including drinking water and sanitation services, as attractive due to their long-term sustainability. Source: Eva Medalla, BNamericas.com [subscription […]
