GWI reduces debts from $800M to $260M in four months

  • Published on: Jan 13, 2021 - 1:24 PM
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GWI reduces debts from $800M to $260M in four months The Guyana Water Incorporated (GWI) has reduced its debts to suppliers from $800 million to $260 million from September to December 2020. Chief Executive Officer, Shaik Baksh, made this statement in an interview with the Department of Public Information on Tuesday.  Mr. Baksh said these debts were incurred during the period 2017 to 2019. “We owed a lot of money to suppliers and GWI was finding it very difficult to access credit to source important equipment and materials for its day-to-day operations…So, indeed, this is a big achievement. Many suppliers have been paid and we still have so …
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