Embassy Highlights
Water Establishment Improves Financial Practices
November 1, 2007
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| Employees at the South Lebanon Water Establishment receive technical training on new financial practices... |
With USAID funding, employees at the South Lebanon Water Establishment are receiving technical assistance on new financial methods as part of the Lebanon Water Policy Program (LWPP). The program developed a Financial Cost Recovery software program for the Establishment to better monitor its revenues, expenses and cost recovery. This tool will also allow the Establishment to grow into a viable entity with both capable management and technical staff. The LWPP program provides continuous supervision and on-the-job training to the employees who are responsible for the update of the financial model.
LWPP is a six-year program implemented by Development Alternatives, Inc. (DAI) for a total budget of $5.3 million. The program's objective is to help Lebanese water establishments solve their institutional and technical problems and provide high quality services to their customers, with the ultimate purpose of attracting investment.