Three States of Guernsey companies to be commercialised
Deputy Parkinson said that the incorporated businesses have also been able to support "the States' wider economic, social and environmental policy objectives".The arrangement has been in place for Guernsey Electricity and Guernsey Post for the past 20 years.According to the States of Guernsey's latest budget report, external, unincorporated trading entities should raise sufficient revenues to fund all of their expenditure.Guernsey Water is due to be the first of the three businesses to be incorporated, with the target being the start of 2028.The STSB has been directed to report back to the States by the end of next year with more detailed proposals.
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