Georgetown: This year, the Guyana Government has allocated $1B for Guyana Sugar Corporation (GuySuCo.)
Over the years, Government has injected $39.5B to recapitalise the industry. Last year, Government provided $4B to GuySuCo to meet its financial loans.
“GuySuCo will have to reengineer its management and human relations functions accordingly. Promoting a harmonious industrial relations climate is considered an absolute priority and will require accommodation on all sides.” Finance Minister Dr. Ashni Singh said during his presentation of the 2013 National Budget to the National Assembly recently.
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