Winston Jordan, who previously served as Finance Minister under the APNU+AFC administration, has cautioned that the current government faces difficult choices regarding the sugar sector. According to Jordan, the state continues to invest significant financial resources into the industry, yet it fails to achieve competitiveness or generate substantial returns. He suggests that the administration may eventually be forced to consider the politically sensitive option of closing down sugar operations entirely. The ongoing fiscal support for this underperforming sector remains a point of contention, as the government struggles to balance economic sustainability with the social implications of the industry's decline.
Source : Kaieteur News
