The Georgetown Chamber of Commerce and Industry (GCCI), while congratulating the Minister of Finance on the presentation of a fair and comprehensive budget, has expressed concerns over governmental interventions in various industries.
In a press release issued on Friday, the Chamber noted the subventions being offered by the government to the rice and sugar industries in Guyana as well as the waiver of custom duties within the gold industry.
Minister of Finance Winston Jordan, in his maiden budget presentation, announced planned allocations of $12B for the sugar industry and $23B for the rice industry. He said too that gold miners would be provided with exemptions from the payment of
