PM Says Water Rate Increase Tough but Necessary

In a recent announcement, Prime Minister John Briceño addressed the Public Utilities Commission’s approval of a 13.5% increase in water rates, set to take effect in the coming year. Briceño acknowledged the hardship this decision may impose on citizens but emphasized its necessity due to rising inflation and the urgent need for critical infrastructure projects. He explained that the tariff adjustment is vital to fund $130 million in capital investments, including $20 million allocated for water and sewage system expansions in key areas like San Pedro, Caye Caulker, and Placencia. These regions, Briceño noted, are significant economic drivers attracting substantial investment, making their development a priority. While expressing regret over the increase, the Prime Minister stressed that the move is unavoidable to ensure the country’s long-term growth and sustainability.