Gov’t to cover $420m owed to BoG by GuySuCo – Ali

With some $420 million owed to the Bank of Guyana by the Guyana Sugar Corporation (GuySuCo) for its Sugar Trading Enterprise Pension Scheme (STEPS), President Irfaan Ali yesterday announced that government will pay the outstanding sums.

“Whatever GuySuCo has to transfer, we will transfer. I will seek from the Ministry of Finance and GuySuCo, the information,” the President said.