Calls for axing of water deals nixed

A foreign business observer and several other groups of economists and academicians have cautioned the public against heeding populist appeals to scrap existing water concessionaire agreements as such could prove more costly for consumers and the government in the long run.

According to Peter Wallace, one of the most prominent political and economic forecasters in the country, these agreements have the force and effect of law, and without any concrete violation of such, the Metropolitan Waterworks and Sewerage System (MWSS) is mandated by law to respect them.