report in Dawn, Dec 24th, 2020
ISLAMABAD: Pakistan needs around $6 billion annual investment for water supply and sanitation in the country, the Asian Development Bank (ADB) reported.
According to the projected annual investment needs for water supply and sanitation, the projected investment would account for around 2.3 per cent to the country’s GDP.
The report titled Asian Water Development Outlook 2020, advancing water security across Asia and Pacific, maintained that the total annual estimated investment required over 2015-2030 to achieve universal access to safely managed water supply and sanitation services in Asia and the Pacific amounts to $198bn per year.
This estimate, which includes capital, maintenance, and operation costs, is based on the World Bank figures derived from the gap in access to services as of 2015 and the cost of connecting those without access, as well as improving the level of service for those with access to reach Sustainable Development Goals 6.1 and 6.2………
The report added that water management is key for water security, climate resilience and economic growth. A sustainable and inclusive economic growth in Asia and the Pacific requires managing water resources and mitigating water risk.
www.dawn.com/news/1597554/pakistan-needs-6bn-for-water-supply-sanitation-adb
