Turkmens face 25-fold rise in water price as state starts scrapping subsidies
11 October 2017 – Households in Turkmenistan will pay 25 times more for tap water from next month as the state begins scrapping generous subsidies that subdued energy prices have left it struggling to afford. The gas-exporting Central Asian nation’s export revenues dropped after global energy prices plunged in 2014, and again after Russia, once the main buyer of its gas, stopped purchases in 2016. The price of tap water supplied in excess of a free monthly allotment – 7.5 cubic metres per person – will rise to 5.0 manat ($1.43) per 10 cubic metres from 0.2 manat ($0.06) from Nov. 1, a decree from President Kurbanguly Berdymukhamedov stated on Wednesday. Read the full article on the Reuters website.