President Bharrat Jagdeo yesterday announced a $300M severance package for Diamond sugar workers, saying that government decided to disburse the monies and end a court battle which could have dragged on for years.
Finance Minister Dr. Ashni Singh was briefed on the development at Cabinet and was asked to find the money. The severance pay, which covers some 325 workers, is expected to be released to the Guyana Sugar Corporation (GuySuCo) sometime next week and later disbursed to workers.
Sugar workers had sued the state over the severance pay and the Guyana Agricultural and General Workers Union (GAWU) later took over
