Sugar production this year is targeted to grow by 4.8 percent to 242,287 metric tonnes while rice production is forecast to drop.
Presenting budget 2016 to the National Assembly yesterday, Minister of Finance Winston Jordan said that the sugar industry returned a creditable performance in 2015, with production growing by 6.9 percent to 231,145 metric tonnes. “Though this level of production is still below the average achieved in the previous decade, the industry is showing encouraging signs of recovery. This, no doubt, can be attributed to new management and