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Daily Archives: June 10, 2020

Govt Treasury has no funds to bail out Guysuco- Finance Ministry

The Ministry of Finance Wednesday night said Guyana’s Treasury does not have any cash to bail out the financially saddled state-owned Guyana Sugar Corporation (GUYSUCO). The Finance Ministry, in a carefully worded statement, suggested that monies would be facilitated from another source. The Ministry of Finance notes Guysuco’s request to the Government for a bailout,¬† and wishes to assure that ...

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Jagdeo says Irfaan Ali is constitutionally “deemed” President; no reference to Chief Elections Officer

Opposition Leader, Bharrat Jagdeo on Wednesday said Guyana’s constitution clearly provides for the People’s Progressive Party’s presidential candidate, Dr. Irfaan Ali to be declared President. “It has already been established now that the PPP’s list has the most votes and, therefore, Irfaan Ali is already deemed the President of Guyana. It’s awaiting that section of the Constitution¬† which says that ...

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