Tag: municipal finance
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NamWater Faces Growing Debt Crisis as Arrears Threaten Namibia’s Water Services
Overview: NamWater’s mounting arrears Namibia’s national water utility, NamWater, is grappling with a staggering debt burden estimated at about N$2.8 billion. The outstanding amounts come mainly from town councils, mines, municipalities, rural communities, and private consumers. This growing arrears problem threatens NamWater’s ability to maintain current water infrastructure, expand service coverage, and ensure reliable supply…
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Mamdani Taps Dean Fuleihan as First Deputy Mayor, a Move to Strengthen City Budgeting
Headline alignment with city leadership In a bold move aimed at tightening the city’s fiscal discipline, Mamdani announced the appointment of Dean Fuleihan, renowned for his deep budget expertise, as the city’s First Deputy Mayor. The decision signals a clear strategy to strengthen budgeting practices, improve financial transparency, and accelerate implementation of the administration’s urban…
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Jelgava Receives Over €800k to Repair Storm Damages and Restore Vital Infrastructure
Overview: Jelgava’s Storm Recovery Funding Jelgava, a key municipality in Latvia, has secured more than €800,000 from the national contingency programme to repair damages caused by the severe storms and heavy rains on 28 and 29 July 2024. The allocation comes from the Ministry of Smart Administration and Regional Development (MoSARD) and is aimed at…