Budgeting Water Properly
A primary requirement for managing water effectively and sustainably is an accounting framework that registers the water that is available for use (supply) and the water that is being used (demand). A common accounting analogy is a water budget, or a water account. This note focuses on the water budgets of individual countries, defining concepts including renewable water, watershed, water withdrawal, water consumption, and dependency ratio. The note also includes data on the water budgets of Myanmar and Egypt.