Savings from the reduction of staff by 300 over the past 18 months and prudent management of the utility company’s finances have seen the Guyana Water Inc (GWI) achieving financial sustainability, its Chief Executive Officer Shaik Baksh yesterday announced.
During a press conference at GWI’s headquarters, Baksh pointed out that while the downsizing of staff contributed to the saving of some $240 million, it is not the only factor that contributed to the financial position of the company.
