| The company is in jeopardy with such a low level of production – Ramon GaskinGuyana’s sugar producing level is at an all time embarrassing low as reports have indicated that the Guyana Sugar Corporation (GuySuCo) is unable to meet its target supply for Europe– Guyana’s biggest customer.Finance Minister, Dr. Ashni Singh, has also been reported in some parts of the media as saying that while Guyana’s economy may be the most robust yet,Nike Air Max Sale Australia, the average contributions of the sugar industry has dropped significantly.The corporation which was referred to by Minister of Agriculture, Dr. Leslie Ramsammy, as the lifeblood of the country had set a production target of 240,Cheap Jerseys Online,000 tonnes. Of that, 190,000 tonnes was intended for the European market.However,Wholesale Jerseys, it appears as though Guyana will be unable to meet the European order.This newspaper was advised by seniors within the company that production is currently at150, 000 tonnes.The source said, “GuySuCo needs serious revamping; Skeldon is also taking blows. The company is not producing as it should. It is something that needs to be looked at. The political prongs need to be removed from the company if we are to get anywhere. It is sickening that when you make decisions to effect a change and a simple call from a government official changes that.”“Even the directors need changing. One in particular holds so many positions that he is oblivious to what is really going on in the company. GuySuCo, like the Amaila Falls, will soon run dry if the necessary changes are not made.”Keith Burrowes, one of the directors for the company, asked to ascertain the actual production figures so far, among other inquiries,jerseys nfl wholesale, told this publication that the sugar corporation came to an agreement that it will not be providing any information to members of the media and as such he is unable to give any useful information.According to Financial Analyst, Ramon Gaskin, “This is the worst year for sugar. Considering the figures,Cheap Jerseys From China, the losses at GuySuCo will run into billions of dollars. The very survival of the company cannot be assured when it is producing that amount of sugar. They will have to go back to the National Assembly to get more subsidies and with the way they are producing they cannot stay in business. Once you fall under 200,Authentic NHL Jerseys,000 tonnes your very existence is in question.”“GuySuCo is simply in shambles.” Government invested $5B in the form of a cash boost to the state entity last year but the company only managed to produce 218,069 tonnes for last year which was recorded as the lowest over the past two decades. |
