caribny posted:ba$eman posted:.This is where you don't get it. On a stand-alone basis, it's not viable. On a macro-economic and national level, it works. It will never work in private hands!
And when Guysuco's exports tumble as no one wants to buy Guyanese sugar where will these benefits be? Europe no longer wants this. The UK will claim that they are no longer in the EU. Guyana sugar is way above world prices so no one else will buy it.
So where will this macroeconomic "benefits" be? Sugar is dead. Give it a decent burial. Even Cuba and the DR, once large global exporters, have now dramatically scaled back.
There is still macro-economic benefit given the fact that it's still a net positive Forex earner for Guyana. Every dollar of forex earned likely have a 10-fold multiplier effect on the domestic economy! I am not privy to their internal numbers, but just on what we know, lots of local value input and mostly Forex earnings derived from export, one can surmise there is a larger macro economic benefit than the mere stand-alone numbers tell!
Granger and the PNC acting out of spite and seeking to "starve" the Indians out of Guyana. Granger is a smiling snake!