President congratulates GUYSUCO on success of reaching its first crop target

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Georgetown : President Donald Ramotar extended congratulations to the management, staff and other stakeholders of the Guyana Sugar Corporation (GUYSUCO) for surpassing its first crop target of 74,842 tons of sugar.  

The President acknowledged that this achievement was not easy and expressed admiration for the persistence and hard work of the GUYSUCO community of stakeholders who made it possible. He said the attainment of this goal has not been without major challenges, many of which hamper efforts to make the Corporation viable and sustainable.

President Ramotar encouraged the management, staff and other stakeholders to use this opportunity to further motivate them to greater accomplishments, especially taking into account GUYSUCO’s traditional contributions to the social and economic development of our country.

The President noted that many of the challenges faced by GUYSUCO are due to the vagaries of the international market. ‘’At this time the world market prices for sugar are discouraging but the Corporation would have to continue to find ways of being cost effective, efficient and productive’’ he encouraged.

President Ramotar said he is confident the Corporation can regain its prominent position in the social and economic strata of our society and encourages the management, staff and other stakeholders to build on its achievement, cognizant of the need for the continued support from all stakeholders.

His Excellency ended his congratulations by recognizing that determination and hard work are the key points to achieve desired targets.