The government may have to inject a further $12b this year into the struggling Guyana Sugar Corporation (GuySuCo).
GuySuCo and the industry as a whole are being examined following the Commission of Inquiry (CoI) which had been set up to examine its prospects.
According to the CoI report which was tabled in Parliament last year, the $12b subvention will be required this year “unless operational costs decline substantially and/or selling prices of sugar increase markedly”. These two prospects do not
