Dear Editor,
What is the questioning and commentary about there being two GUYSUCO boards really about? Does anyone really care that these procedural issues will clearly shortly be resolved? These sort of idle speculations, under the guise of good governance and oversight, only serve to distract from the progress being made in restructuring the sugar industry.
Despite all the negative coverage and the plays on sympathy, the industry is being saved from itself. How could we expect a corporation producing sugar at three times the world price to continue? Maybe the truth is that we had decided just to ignore the problem. Of course, it then became too large for us to sustain from the public finances so a change needed to happen, one way or another.
I wouldn’t be drawn into the little reports that hide the big changes that will eventually lead to a more sustainable situation. Privatisation of some of the unproductive estates should turn them around in time and much better than that, we can expect this emphasis on reform to mean oil money would be used well if the coalition returns to office come 2020. There’s a difference between reasonable criticism and blindness to the context around required reform.
Regards
Anjanie Mohabir