The Water tariffs methodology used in calculating the required water tariffs for the agricultural and households sectors is described in the Loan Agreements with the World Bank (IBRD) (Government Printing Office 1988) and the Kuwait Fund (KFAED) for the financing of the Southern Conveyor Project, the largest water resources project in Cyprus. The water tariff for agriculture is calculated using the “Present Worth Value� method while for the households sector the “Balanced Budget� method is used.

For more details see:

http://www.uni-muenster.de/imperia/md/content/zufo/binder9.pdf