Gov’t gives no-objection to finances to bail out GuySuCo -working assiduously to ensure operations return to normalcy  

GOVERNMENT has approved the release of monies to the Guyana Sugar Corporation (GuySuCo) to ensure that operations at the sugar corporation return to normalcy.The Ministry of Agriculture therefore wishes to assure sugar workers and the public at large that all measures are being taken to ensure the sustenance of the industry.
A statement from the ministry yesterday said notwithstanding the recent change in GuySuCo’s management, workers can rest assured that the industry is here to stay. In addition, all sugar factories will remain operable.
To ensure that the corporation continues to survive, an Interim Management Committee has also been put in place and is at present working and has already been meeting with management on the way forward for sugar in Guyana. The Commission will oversee the work of the Corporation for at least six months.
A Commission of Inquiry (COI) will also be launched shortly by the new administration into the affairs of the sugar corporation.
The Government wishes to assure workers that investing in sugar is investing in Guyana, and as such, all necessary action will be taken to ensure its sustenance.

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