Water concessionaires, Maynilad and Manila Water, will no longer push for their rate increase in January 2020.
During the hearing of the House Committee on Good Governance and Public Accountability on Tuesday (December 10), President & CEO of Manila Water Jose Almendras said they will suspend the water rate increase in January.
“Ipina-retain po namin sa MWSS [Metropolitan Waterworks and Sewerage System] sa aming sulat noong ikatlo ng Disyembre ang aming hangarin para magkasundo kung paano maaayos na maipatutupad ang pagpaliban sa nasabing naaprubahang taas singil ng tubig, (We asked the MWSSto retain our letter last December 3 regarding our aim to negotiate and implement the suspension of the approved water rate increase)” he said.
This is amid the alleged onerous contracts between the government and the water concessionaires. Department of Justice (DOJ) Secretary Menardo Guevarra has disclosed that several provisions in the 1997 water concession agreements have been found to be onerous and disadvantageous to the government.—AAC (with reports from Vincent Arboleda)
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