Testifying before the Commission of Inquiry into the sugar industry, economist and chartered accountant Rawle Lucas says that the debt-laden Guyana Sugar Corporation should be phased out.
Appearing on Tuesday before the team of commissioners chaired by Vibert Parvatan, Lucas assessed the financial state of Guysuco and said the government should not be in the business of sugar production and should exit the industry with dignity.
Lucas, who was invited to testify, said that as an enterprise, Guysuco is doing nothing for its