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Bahamas: MONUMENTAL LOSSES: WSC registers 30 percent revenue drop last year

NASSAU, BAHAMAS — The Water and Sewerage Corporation (WSC) suffered a “monumental” 30 percent revenue loss in 2020 when compared to 2019, its executive chairman told Parliament yesterday.

Adrian Gibson, the Long Island MP, added, however, that the corporation has not disconnected a single customer since last March at the onset of the pandemic.

During his contribution to debate on the mid-year budget, Gibson stated: “WSC has had a challenging year — financially. Notwithstanding that, the corporation continues to strive to live up to its mandate to the Bahamian people, largely under-girded by monies from the CDB and IDB.

“We have incurred monumental losses over the last year. That said, contrary to fake news on social media, WSC has not disconnected a single customer since March 2020.

“I encourage persons to come in and pay their bills or at least put something on it — this is how the corporation pays staff, is able to execute repairs and capital works, etc.”

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