-$9B proposed for GuySuCo
With an ambitious public infrastructure programme as the centrepiece, Minister of Finance Winston Jordan yesterday unveiled a $230 billion budget which also includes a $9 billion injection for the beleaguered sugar corporation, $2.5 billion for the state power company as well as a pledge to create 3,000 jobs at Lethem and Belvedere.
Presenting his second budget since the APNU+AFC government took office in May last year, Jordan hailed the APNU+AFC government’s “prudent” stewardship of the economy in what he said was a difficult climate. The 2016 budget, the theme