IMF Warns Underpricing Water Is Fostering Shortages

Remember that video that went around a few months back about the CEO of Nestles declaring water is not a human right? He was probably correct. How can I have a right to something that may not be available?

The IMF is now chiming in with a decree that water is underpriced and that underpricing of water is causing shortages.

Governments should be charging consumers higher prices to encourage more sustainable water use and improve access for the poor, the IMF says in its latest staff discussion note.

Source: IMF Warns Underpricing Water Is Fostering Shortages – Real Time Economics – WSJ

Right pricing water is going to be critical to sustaining our potable water supply.

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