All seven sugar estates are currently operating at a loss, according to the Chairman of the Commis-sion of Inquiry (CoI) into the sugar industry, Vibert Parvatan.
Stabroek News was told yesterday that the break-even point was being determined. When asked to expand on this Parvatan confirmed that this was the case but he did not expect that this feature would be a determining factor in the CoI report to be submitted to the Minister of Agriculture on October 17.
This newspaper was made to understand that the sugar corporation’s break-even point was so far exceeded that it would not be responsible to postulate to the public that this was an attainable reality within the coming months. The Chairman did not elaborate when asked by Stabroek News to respond to the information. However,
