Goiás governor denies Saneago privatization plans
The governor of Brazil's Goiás state ruled out the privatization of state water utility Saneago in the short term.
Yet, Ronaldo Caiado admitted that the company must implement adequate measures to improve its operational and corporate governance.
"We need to be realistic and first clean the house. There is no way to anticipate anything," Caiado told reporters in response to a question about a potential privatization.
Rumors about such a move emerged because the state is dealing with a severe fiscal crisis, as tax collection dropped drastically in recent years.
The state government hasn't paid public servants and is considering requesting financial support from the federal government, according to local media.
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News in: Water & Waste (Brazil)
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