President Donald Ramotar announced yesterday that he had instructed the board and management of the Guyana Power and Light Inc (GPL) to stand down the proposed 26.7% tariff increase until the government can look at ways of restoring the $5.2b subsidy for the company cut from the budget.
He made the announcement at the launch of GuyExpo 2013 at the Guyana International Conference Centre last evening.
“Today, I have had discussion with members of the board and of the management of GPL and I have