Trade Unionist believes that the Injection of funds is needed for GPL and GUYSUCO – 12th Apr 2013
At least one trade unionist believes that the injection of funds is needed for the utility company GPL and the Guyana Sugar corporation GUYSUCO, but he is concerned about the management and accountability of the two companies.
Finance Minister Dr. Ashni Singh Budget 2013 proposed that Government transfer $5.8B to GPL to support its effort in meeting its cash flow requirements and another $5.4B to assist in executing key projects. An amount of $1B is to be transferred to Guysuco.
General Secretary of NACCIE Kenneth Joseph feels Parliament needs to be apart of the investigation into the daily operations of the two companies.
The opposition parties are already signaling their intention to cut extravagant spending and are asking for proper accountability before monies can be approved.