• Contact Us
  • Advertise with us!
  • Classifieds
Monday, May 18, 2026
  • Login
Demerara Waves Online News- Guyana
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
Demerara Waves Online News- Guyana
No Result
View All Result
Home News

Gov’t to consult on reviving ailing sugar industry

GxMedia by GxMedia
Saturday, 26 December 2015, 21:02
in News
0 0
0

Last Updated on Saturday, 26 December 2015, 21:02 by GxMedia

ramsammy_budget2013

Minister of Agriculture, Dr. Leslie Ramsammy responding to opposition questions during consideration of the estimates of Guyana’s 2013 National Budget.

In the face of repeated criticism about the state of the loss-making Guyana Sugar Corporation (GuySuco), government on Tuesday announced plans to hold broad-based consultations on how to revive the industry.

Addressing the Committee of Supply for consideration of the 2013 budgetary estimates, Agriculture Minister Dr. Leslie Ramsammy said the revised plan could be tabled in the House by the end of July.

“The management and the board have planned later within the next couple of months to invite various people to have a session on the plan itself,” said Ramsammy.

He was at the time being grilled by several opposition law makers to justify a GUY$1 billion subsidy to GuySuco which has been saddled with successive years of declining production.

Though GuySuco last year got GUY$4 billion more than this year, the Agriculture Minister said he was not planning to ask the House for money in a supplementary provision later in 2013.

He admitted that the 2010 plan has not yielded the expected results and so government intended to ask experts to address the Economic Services Committee as part of efforts to revise the plan.

“I would welcome from the Economic Sector Committee to have their own input with not only themselves but also their invited technical people so that we could really have the widest input in putting together a revised plan,” said Ramsammy.

In light of the repeated failure of rescue plans, he said government would examine the management as well as the Board of Directors. “In looking at GuySuco and the management, that should include the Board- every member of the Board,” he said.

GuySuco has completed 30 percent of its mechanization plan- 20 percent less than where the industry should have been today- which includes changing the layout of the fields.

The Agriculture Minister did not expect the state-owned corporation to make a profit in 2013.

GuySuco intends to train and prepare workers for 100 percent mechanization and reduce the length of both crops and maintain full operations to take advantage of dry weather.

Questions were asked by A Partnership for National Unity’s (APNU) Volda Lawrence, Carl Greenidge, Dr. Rupert Roopnaraine and Deborah Backer and the Alliance For Change’s (AFC), Veerasammy Ramaya and Khemraj Ramjattan.

Share this:

  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on WhatsApp (Opens in new window) WhatsApp

Discover more from Demerara Waves Online News- Guyana

Subscribe to get the latest posts sent to your email.

Previous Post

Bird smuggler gets six months in US jail

Next Post

First Lady’s Office budget could be cut

Next Post

First Lady's Office budget could be cut

Recent News

APNU+AFC takes steps to recall Geeta Chandan-Edmond for endorsing PPP’s Irfaan Ali

APNU’s Mahipaul questions suitability of new REOs

Sunday, 17 May 2026, 15:28

President announces new REOs

Sunday, 17 May 2026, 11:16
Labour ministry probing working conditions at India-owned quarry in Region 7

Labour ministry probing working conditions at India-owned quarry in Region 7

Sunday, 17 May 2026, 0:06
Guyana launches maths task force to address innumeracy

Guyana launches maths task force to address innumeracy

Saturday, 16 May 2026, 17:42

President calls on public to support Joint Services amid threats from adversaries

Saturday, 16 May 2026, 14:18

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 157.6K other subscribers

Demerara Waves Media Inc. is a Guyana-based digital news media company committed to delivering timely, credible, and relevant news coverage. We report on key national issues, including politics, business, crime, education, health, sports, and culture, serving readers in Guyana and abroad.

Other News and Opinion Wesbsites

  • Caribbean Political Economy
  • The View From Europe
  • Pan Caribbean Voices
  • Huffington Post
  • Caribbean Life
  • New York Daily News
  • New York Post
  • Share News
  • Caricom Headquarters
  • Association of Caribbean States
  • Organisation of Eastern Caribbean States

Recommended News Links

  • Insight Guyana
  • BBC Latin America
  • Prensa Latina
  • Mercopress
  • Inter Press Service
  • Caribbean Media Corporation
  • Al Jazeera
  • Voice of America
  • Business News Americas
  • All Africa
  • Catholic News Agency
  • Xinhaunet China News Agency
  • Home
  • News
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.