MRL clears over 90% of paddy debt to farmers

The Mahaicony Rice Limited (MRL) has paid more than 90% of the monies it owed to farmers for paddy supplied since the first crop last year.

General Secretary of the Guyana Rice Producers’ Association (GRPA) Dharamkumar Seeraj told Stabroek News last week that the paying process started about two weeks ago. MRL, according to him, has paid more than 300 farmers approximately $384 million.

Based on GRPA figures, Seeraj said, MRL originally owed farmers more than $400 million. However, the GRPA figures differ from those