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Ministry of Finance

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Azerbaijani President Signs Irrigation, Drinking Water Order

BAKU (Trend News Agency) — Azerbaijani President Ilham Aliyev signed an order on additional measures to improve the provision of cultivated land with irrigation and drinking water supply for the population. It is note

Chinese Government Announces $294 Million for Drought-Hit Agriculture

BEIJING (Global Times ) — The Chinese government has alloted a total of $239.6 million USD to drought-hit areas to aid their agriculture production, the Ministry of Finance said on Thursday. The funds will go to the pr

Egypt Allocates Additional $148 Million for Water and Sanitation

CAIRO, Egypt — The Egyptian government last week announced it would increase funding for water and sanitation projects in the 2012-2013 fiscal year by $148 million USD.

Hungarian Bank to Provide Sri Lanka $47 Million

BUDAPEST (News.LK) — On a request made by the Government of Sri Lanka, the Hungarian Export - Import Bank Private Limited Company (Hungarian Exim Bank) has agreed to provide financial assistance of $47 million USD fo

Sri Lanka Completes French-Funded Drinking Water Project in Eastern Province

COLOMBO, Sri Lanka — Sri Lanka’s Trincomalee Integrated Water Supply Project, which provides safe drinking water for over 330,000 people in the country’s Eastern Province, stated operations this week.

Kuwait Fund Lends Sudan $88 Million to Improve Irrigation, Food Security

KHARTOUM, Sudan — The Sudanese Ministry of Finance and National Economy last week signed an $88 million USD loan agreement with Kuwait Fund for Arab Economic Development (KFAED) to fund new irrigation projects.

US, Mexico Close to Agreement on Sharing Colorado River Water

united states, LAS VEGAS NV — The United States and Mexico could soon sign a five-year agreement that would add new areas in Mexico to the 1944 treaty between the two countries on sharing the waters of the Colorado River, the L

Guatemala Quake Leaves 42 Dead, Knocks Out Drinking Water in San Pedro, San Marcos

GUATEMALA, GUATEMALA CITY — The earthquake that hit Guatemala on November 7 left 42 people dead and another 1.2 million affected by damaged infrastructure and lack of public services, President Otto Pérez Molina announced on

China Pays $15 billion USD to Resettlement Migrants

BEIJING (Xinhua) — Reservoir resettlement migrants have received $15.84 billion USD in subsidies between January and October, China's Ministry of Finance (MOF) said on November 7. The amount in subsidies to la

UAE to Invest $12 Billion USD in Social Welfare

ABU DHABI (Global Arab Network) — The UAE’s  $12.14 billion USD federal budget that focuses on social welfare, is also targeted to improve investment climate and its competitiveness, Global Arab Network reports according to lo

Industry Groups Says Brazil Needs to Invest $8.4 Billion Annually for Universal Sanitation

Brazil, BRASILIA — Brazil needs to invest $8.4 billion USD per year on sanitation networks and treatment plants if it wants to achieve universal basic sanitation by 2030, according to two Brazilian industry groups.

India Gives Tanzania $178 Million USD for Water Projects

DAR ES SALAAM (Tanzania Daily News) — The Indian government has fulfilled its commitment to support Tanzania by approving $178 million USD to fund water supply projects in Dar es Salaam and Chalinze in Coast region. According to a

Saudi Fund for Development Lends Sudan $100 Million USD for Dams

KHARTOUM (Sudan News Agency) — An agreement, on additional loan of $100 million USD for Upper Atbara and Setet Dams Complex extended by the Saudi Fund for Development (SFD), was signed Tuesday at the premises of the Ministry of

Pakistan's Water and Power Authority Under Fire Over Contract Anomalies for Golen Gol Dam Project

ISLAMABAD, Pakistan — Pakistan’s Water and Power Development Authority (WAPDA) is being challenged over allegations of discrepancies and anomalies in the contract award for the 106-megawatt Golen Gol hydropower project.

EU Accuses Estonia of Corruption, Demands Return of Funds

BRUSSELS, Belgium — The European Commission’s European Anti-Fraud Office (OLAF), an EU budget watchdog, has recommended that the commission require Estonia to pay back the funds it allocated as aid for a water project

Conagua Rules Out Risk of Food Crisis in Mexico

Mexico, MEXICO CITY — There is no risk of a food crisis in Mexico, despite the recent drought in the northern part of the country, according to the head of Mexico’s National Water Commission (Conagua).

Yangtze River Turns Red Near Chongqing

China, CHONGQING — A stretch of China's Yangtze River near the city of Chongqing has turned red, and authorities are not sure why.

Egypt Will Tender PPPs by the End of 2012

CAIRO, Egypt — The Egyptian Ministry of Finance said it would tender a number of public-private-partnership (PPP) projects in the water and wastewater treatment sectors before the end of this year.

Sewage Leak Raises TB Fears in Ukraine

Ukraine, KYIV — A sewage leak at a prison tuberculosis hospital in Ukraine has raised fears that the Donbass River and a reservoir serving local residents have been contaminated with the potentially fatal virus in

Chinese Government, Liaoning Officials Sign Agreement to Prevent Pollution in Liaohe River

China, SHENYANG — Officials from China’s Ministry of Finance, the National Development and Reform Commission and the Department of Environmental Protection last week signed an agreement with the government of Liaoni

SIWI’s New Director Seeks to Bridge Gaps Between Civil Society, Governments, Private Sector

Sweden, STOCKHOLM — The new executive director of the Stockholm International Water Institute (SIWI) will work to build bridges among that various sectors involved in sustainable development around the world.

China Plans $1.27 Billion USD Investment in Water-Efficient Farming

BEIJING, China — Chinese authorities will create a fund worth $1.27 billion USD by 2015 to develop water-efficient farms in northeast China's grain-producing areas.

China to Invest $6 Billion USD in Water-Efficient Farming

BEIJING (China.org.cn) — Chinese authorities will create a fund worth nearly $6 billion USD by 2015 to develop water-efficient farms in northeast China's grain-producing areas. The fund will be used to develop 38 mi

Environmental Official Sounds Alarm Over China’s Rivers, Seas

BEIJING, China — A Chinese environment official last week sounded the alarm about pollution in China's rivers, lakes and seas, saying the problem in the near-shore waters of major coastal economic zones is particul

China’s Groundwater, River Systems Seriously Polluted

BEIJING, China — A new report from China’s Environment Ministry finds that most of the country’s groundwater sources are polluted.

China to Spend $79 Billion USD on Water Pollution Measures

BEIJING (water-technology.net) — The government of China is planning to allocate $79 billion USD for the prevention and control of water pollution in major drainage areas until 2015. The plans were revealed by the Ministry

China Creates Special Fund for Cloud-Seeding

BEIJING (Xinhua (China)) — China's central government is to launch a special fund to support weather modification operations by local authorities in areas prone to drought and haze, according to a Ministry of Finance (MOF)

China to Spend $95 Million to Protect Hongjiannao Lake

XI'AN (Xinhua (China)) — China will invest $94.9 million over the next three years to protect Hongjiannao Lake, the country's largest desert freshwater lake, from shrinking, local authorities announced Tuesday. Hong

International Power Sells Hidd Stake to Malaysia's Malakoff

duBai (TradeArabia News Service) — International Power has announced the completion of the sale of a 40 per cent stake in Bahrain's Hidd Power Company (HPC) to Malakoff International, a wholly owned subsidiary of Malakoff Cor

Addis Ababa Utility Questions Contract With Chinese Firm

ADDIS ABABA, Ethiopia — Ethiopia’s largest water services provider is facing off against a Chinese contractor over the $96 million USD price tag for a well-drilling project at Akaki, near Addis Ababa.

International Consortium Signs $47 Million USD Development Agreement for Ugandan Islands District

KAMPALA, Uganda — Uganda last week signed a $47 million USD deal with a consortium of development organizations and private firms to build infrastructure, including electricity and water supply, in the isolated is

Half of Mexico City Water Users Not Paying Their Bills

Mexico, MEXICO CITY — The government of Mexico's Federal District this month has sent approximately 100,000 requests for users in arrears to pay.

Kenya’s Water, Sanitation Sectors Get Cash Boost From Expats

nairoBi, Kenya — Starved of donor aid, Kenya is counting on the $900 million USD remitted to the country annually by expatriates to plug the financial deficit in the water and sanitation sector.

Malawi Increases Resources for Irrigation, Water, Sanitation

Malawi, LILONGWE — The Malawi government’s water sector performance review, released this month, reveals that although some Malawians in urban and rural areas continue to struggle with access to safe water, sanitat

PUB Spends $1.3 Billion USD Per Year on Capital, Operating Expenses

sinGapore (Xinhua (China)) — Singapore’s water agency Public Utilities Board (PUB) spends $1.03 billion USD a year on capital and operating expenses, local daily Business Times reported on March 7.

South African Construction Firm Wins $152 Million USD Bulk Water Contract

JOHANNESBURG, South Africa — South African construction firm Basil Read in mid-February won the $152 million USD tender for the second phase of the Olifants River Water Resources Development Project.

Egypt Tenders $1.8 Billion USD in Sanitation PPP Projects

CAIRO, Egypt — The Egyptian government last week announced it would tender $1.8 billion USD worth of sanitation projects on a public-private partnership (PPP) basis.

China to Fund Water-Saving Irrigation Technologies

BEIJING (Eco-Business.com) — China’s central government last week announced funding for the use of water-saving irrigation technologies in major grain-producing regions, a move aimed at boosting grain output for the country’s

Malawi Government Critizes Local Water Management

Malawi, LILONGWE — Water and sanitation are woefully underfunded in Malawi’s district assemblies, calling into question the country’s move to decentralize the sector.

Eurozone Crisis Stalls Growth in Kenya’s Water Sector

nairoBi, Kenya — Water projects in Kenya slated for the first quarter of this financial year are under pressure due to the Eurozone debt crisis, with experts projecting slow growth in the country’s water sector f