Despite a significant subvention from the government, the Guyana Lands and Surveys Commission (GLSC) saw revenue falling far below expenditure last year.
Its 2014 Annual Report recently tabled in Parliament also showed how the crisis-hit GuySuCo is affecting many sectors – the corporation paid none of the $83m in land rent that was projected to be received from it. The cash-strapped and debt-laden GuySuCo has also had problems paying over NIS and credit union dues for workers.
The GLSC report said that actual income for 2014 was $509.5m whereas actual expenditure was
