GuySuCo bailouts unsustainable – Ram

Commentator Christopher Ram says another round of bailouts for the Guyana Sugar Corporation (GuySuCo) is unsustainable.

Turning around the phrase used by several that GuySuCo was too big to fail, Ram said he was now even stronger in his conviction that the corporation was too big to save.

He charged that the problems of GuySuCo had been allowed to fester for too longer and expressed the hope that the new government’s planned Commission of Inquiry would begin its work before another bailout tranche is considered.

Writing in his blog at chrisram.net, Ram said that there was no indication whether the $3.8 billion