As ETAPA faces significant losses, it may be raising the price of water

The Municipal Company for Telecommunications, Water Service and Sewage System (ETAPA) is trying to balance out their fiscal year. According to its General Manager, Jose Luis Espinoza, even the possibility of raising the price of water is being taken into account—but only as a “last resort.” ETAPA is Cuenca’s largest municipal company, which is why it’s a main priority for the current administration to improve the company’s income and eliminate costs. But that, as to be expected, it’s easier said than done. Originally, for budget purposes, the company estimated $75 million income for this year; now that number is being…

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