Latest update August 5th, 2026 1:26 AM
Jan 20, 2018 News
The industrious workers attached to the Guyana Sugar Corporation can breathe a sigh of relief as the Committee of Supply of the National Assembly yesterday approved $1.93B to clear off severance payments.
The Supplementary Provision before the Committee was $1.7B for the period January 1, 2018 to December 31, 2018. This provision was subsequently amended to $1.93B.
Finance Minister Winston Jordan explained that those workers whose severance pay is $500,000 and under will be paid off by month end.
Those exceeding that amount would have to wait until the second half of the year.
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