Apr 12, 2016 ... is calling out the World Bank's investment in global water resources, alleging ...  water privatization project in Manila, Philippines, in the early 2000s, in which the  bank ... According to documents, Manila Water then raised rates by 845 percent.  ... As part owner of Manila Water, IFC is “aligned” with the utility's ...
Water rates in Manila, Philippines, "were raised up to 845 percent" when a  subsidiary of the World Bank became a partial owner. — Politifact Global News ...
Apr 12, 2016 ... In fact, a water privatization arrangement in Manila, Philippines (where the ...  MWC raised rates by 845 percent, eventually leading to Manila's ... As part-owner  of MWC, the IFC is now aligned with MWC and its ... As a strong believer in the  mission of the World Bank, I have become increasingly concerned ...
Water rates in Manila, Philippines, "were raised up to 845 percent" when a  subsidiary of the World Bank became a partial owner. — PolitiFact Global News ...
Apr 12, 2016 ... corporations where it also acted as a water sector adviser. ... oversight of the  World Bank Group (WBG), I am increasingly uneasy with water ... privatization  arrangement in Manila, Philippines, (where the IFC was both adviser and  investor) has ... MWC raised rates by 845 percent, ... As part-owner of MWC,.
Water rates in Manila, Philippines, "were raised up to 845 percent" when a subsidiary of the World Bank became a partial owner.