@Former Member posted:I am still trying to find out the difference between fulfilling a campaign promise or bailing out a sector that's running at a loss every turn of the way. I would suggest selling these estates or privatize them. If $1.6 billion to keep the sugar estates afloat until December 2020, how much would it cost to revive them to make a profit and to pay a mere 10,000 employees? I can't figure a timeline.
The Chinese will be most willing to provide loans, so the present government can keep their campaign promise to the sugar workers. But eventually own that part of Guyana, when the sugar industry completely collapse.
Governments who invite the Chinese, fail to understand their possessive nature in other countries.