Budget chop puts GPL in precarious position – PM

Sam Hinds

The opposition’s chopping of $5 billion from the $10.2 billion allocated to the Guyana Power and Light Inc (GPL) puts the company in a precarious position and could leave government no option but to consider a tariff increase, Prime Minister Sam Hinds has said.

Speaking at a press conference at the studios of the National Communications Network (NCN) yesterday, Hinds said, “I am perplexed by the actions of the opposition parties… What are we going to do now? I am open to suggestions,” he said to reporters.

Last year, the opposition had also cut GPL’s budgeted allocation. And the sum remaining this