CAIRO: The government is discussing hiking drinking water prices for high class residencies to registering at 1.5 EGP per cubic meter and denied increase in water prices for middle and low-income residencies, Minister of Housing Mostafa Madbouly announced Wednesday.
The decision to adjust water prices was based on the high cost of one cubic meter of water and water companies’ inability of maintaining stations, which could negatively impact the present services. The government plans to direct a tangible part of the surge to maintain water stations, according to Madbouly.
The government is subsidizing each cubic meter of drinking water by 1.25 EGP, Seirady said. The company divided consumption into categories to add sums, exclude small and mid-income citizens, and fairly collect water bills over citizens’ solvency.
Madbouly approved a slight hike in price, adding 1 piaster for more than 20 cubic meters of consumption early May. This would cut out part of the water subsidy, improve services, and finish maintenance, Al-Watan reported spokesperson of Holding Company for Water and Wastewater Mohie Al-Seirady as saying May 1.
The first category include those who consume less than 10 cubic meters of water monthly, the second consume between 10-20 cubic meters, and third for those who exceed consuming 40 cubic meters of drinking water per month, Seirady said. The company is discussing adding extra sums on certain categories.
“Hiking drinking water prices for high class residencies is still under discussion,” Madbouly said.