President tells sugar corporation there must be sweeping changes

Part of the gathering (Office of the President photo)

Amid continuing problems in the sugar industry and subventions from the state, President Irfaan Ali yesterday warned around 180 officials of GuySuCo that there must be sweeping changes and that it can’t be business as usual.

“We are not investing all of these resources in GuySuCo for failure. The restructuring and strengthening of GuySuCo is not a joke. When we said we want to make this industry viable, it is not a mystery”, he told the officials gathered at State House, according to a statement from the Office of the President.

The meeting came a day after Stabroek News reported that the industry had fallen under its already low first-crop target.