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NewsTranscript
00:00How long does it take for the temperature to drop and for the water to rise?
00:06In Manila Water, the average rate hike is 4 centavos per cubic meter.
00:11For residential customers, the increase is 21 centavos per month,
00:16and the consumption is less than 10 cubic meters per month.
00:20For 45 centavos per month, the consumption is 20 cubic meters,
00:26and the consumption is almost one peso higher per month.
00:31The Water Concessionaire explains that the increase in the price of foreign currency differential adjustment,
00:39or FCDA, is affecting the price of water because of the exchange rate of pesos versus dollars and other foreign currency.
00:56For more UN videos visit www.un.org