PPP lauds 5% economic growth, reiterates confidence in resuscitating sugar industry

Home Affairs Minister, Clement Rohee.

[www.inewsguyana.com] – The almost five percent economic growth that Guyana has recorded for 2013 has been lauded by the People’s Progressive Party Civic (PPP/C).

According to PPP/C’s General Secretary Clement Rohee this achievement is even more admirable since it was achieved in the face of a global economic downturn and what he says is a hostile parliamentary opposition.

According to Rohee, sound macro- economic policies by the Government has resulted in increased foreign direct investment, adding that the banking sector has showed growth, coupled with the amount of people owning their own homes and cars along with increases in Public Servants’ wages annually.

The GS added that there have been significant increases in the productive sector with rice and gold surpassing projected targets.

Rohee added that Mining has also overtaken the Sugar in 2013 as the largest income earner.

He said the present situation at the Guyana Sugar Cooperation (GUYSUCO) continues to engage the attention of the PPP and has called on all stakeholders to redouble efforts in a bid to turn the industry which continues to be the largest employer around.

He is hopeful that the newly appointed Board of Directors, working in tandem with the Unions can address existing deficiencies. Rohee pointed out however that changing weather patterns nonetheless continues to be of major concerns and called for the relevant education in this regard.

The GS bragged of that Guyana continues to be the largest exporter of sugar to the region despite contrary reports and criticisms and recommitted on the party’s behalf to the resuscitation of the industry.

“It is too valuable, too vital to have it stumble and face crisis… I’m convinced that there is great potential for Guyana’s Sugar industry” Rohee lamented.



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