This CSP (IGR-NT) convened discussion was attended by 67 participants from metros, sector departments and other organisations -receiving inputs from all 8 metros on the financial impact on municipalities of water and sanitation responses to COVID-19. The meeting identified areas of immediate support to cities to address: (1) the imperative to rapidly improve water and sanitation services in informal settlements, a key risk for the rapid spread of COVID-19, with devastating health and economic consequences; and (2) The very serious financial impacts of COVID-19 on the viability and sustainability of water services as a result of the economic impacts of the shut-down and recovery periods.
Higher costs of borrowing (still to come)
NT - metro water covid financial impact
For more information please contact:
Anthea Stephens: CSP-NT