Lebanese “competent” Parliamentarians met and decided to buy
water from Turkey?!
Three years ago they met and approved renting power
generating Turkish vessels at a cost that could cover the building of new power
plants. The result was no change in power supply, the whole country still
suffers from the same never ending power cuts on daily basis, three hours a day
in the best scenario!
And all of these lavish spending is financed by borrowing at
stiff interest rates.
Excuse me if I say “ :0 oh my God”
Lebanon is one of the few countries in the Middle East that has
water resources that exceed its needs; many streams and two major rivers with
one of them that springs on its territory and pours into the sea on its own shores;
in addition one of its peaks has a glacier of sort.
The reason for the actual water shortage suffered in many
cities is supposedly due to the low rain levels this year. But last year rain
was abundant so it is not a trend, rather a one year problem. And by the way,
Turkey suffered the same low rain levels this year, so why can they sell
Lebanon water?
The answer is again, incompetence in managing the resources,
planning, and improving the infrastructure. Our public administration is in
dire need of strategic planning capacity building rather than wage increase of
120% as is actually lobbied for.
This said, the Lebanese population on individual level are
solving their water shortage problem by buying water. Yes, a new industry is
born. Water tanks crisscross the roads of the capital and small towns pumping
water into the tanks of building and houses. The price for a big tank is $100
translating into an average of $10 per week or two weeks, depending on your consumption.
So the population is solving its problem by buying water
from Lebanese businesses, increasing the money supply or circulation and generating
informal employment for many.
What the government is now proposing is to take this
business to Turkey to boost Turkish economy and place on each citizen and child
in this country a debt whose servicing goes way beyond what they are paying for
solving the same water shortage problem!
Stop! squandering our resources by borrowing and borrowing without
a strategy on how to face this burgeoning debt in the future!