GWI operating at a loss – Finance Minister

The Guyana Water Inc is operating at a loss and the distribution system in Georgetown will be overhauled, Minister of Finance Winston Jordan says.

In his Budget 2015 presentation, Jordan told the National Assembly that a quick analysis of the state of GWI has shown that the agency is operating well below break-even – indeed at an operating loss. He said that the economic costs of production of potable water surpass the current tariff,