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Only 10% of sum needed for sugar workers’ severance initially budgeted – Harmon

By Staff Writer 8 hours ago 11 Comments

Only $500 million was allocated by the government in the 2018 national budget for severance payments for sugar workers when roughly $5 billion is needed, Minister of State Joseph Harmon disclosed yesterday.

President David Granger on Wednesday promised the laid-off sugar workers that they will receive 50% of their severance payments by the end of this month and the remainder in the second half of the year. This means that around $2.5 billion will be needed for the payment this month and it has led government to say that it is looking at making cuts in spending to finance the payout.

Harmon explained the $500 million allocation by saying that the government was not sure of exactly how many workers would be sent home. At last count, around 4,000 have been made redundant by the Guyana Sugar Corporation (GuySuCo).

“There was severance in the sum ….

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Former Member

APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.

1/13/189:13 AM

Former Member

Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.

They should work for Donald Trump...real stable geniuses.

1/13/189:19 AM

NehruBig Mouth Member

Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.

A BUNCH OF DUMB ASSES!!!!!!!! BUT WE KNEW THAT ALL ALONG!! WELL, EXPECT FOR THE GNI FILTH HEADS!!!

1/13/1811:03 AM

Former Member

This shows what a bunch of jackasses are in power. They don't understand economics, the basic concept of injecting revenue into a system and its effect on the economy. We saw this when they didn't give out bonuses to the civil servants this year, and now with the sugar workers and their severance. These idiots are in hunkerdown mode, waiting for oil. They will let the people suffer until oil revenues start coming in.

1/13/1811:26 AM

Former Member

Drugb posted:
This shows what a bunch of jackasses are in power. They don't understand economics, the basic concept of injecting revenue into a system and its effect on the economy. We saw this when they didn't give out bonuses to the civil servants this year, and now with the sugar workers and their severance. These idiots are in hunkerdown mode, waiting for oil. They will let the people suffer until oil revenues start coming in.

Only black PNC supporters understand PNC voodoo geniuses thinking.

1/13/1811:27 AM

alena06Senior Member

Time to leverage the 18 million in escrow. How difficult is it to calculate how much to budget for sugar workers??

1/13/1811:40 AM

Former Member

skeldon_man posted:
Drugb posted:
This shows what a bunch of jackasses are in power. They don't understand economics, the basic concept of injecting revenue into a system and its effect on the economy. We saw this when they didn't give out bonuses to the civil servants this year, and now with the sugar workers and their severance. These idiots are in hunkerdown mode, waiting for oil. They will let the people suffer until oil revenues start coming in.
Only black PNC supporters understand PNC voodoo geniuses thinking.

Partially correct, what about django, mitwah, cain, mars, warrior, gtangler, pointy and others? They are onboard with pnc incompetency.

1/13/1811:50 AM

Former Member

Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.

If I remember correctly, for years you were clamoring for the end of PPP rule due to a personal grudge against Jagdeo. Now you got what you wanted, why cry. Go protest and take licks with the people you threw under the bus!!

1/13/1811:56 AM

Abu JihadSenior Member

This gives a new meaning to disaster capitalism.

1/13/1812:11 PM

Former Member

Voodoo economics of the PNCR/AFC.

1/13/181:59 PM

Abu JihadSenior Member

These fellas will give Trump a run for his money.

1/13/184:56 PM

Former Member

Baseman posted:
Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.
If I remember correctly, for years you were clamoring for the end of PPP rule due to a personal grudge against Jagdeo. Now you got what you wanted, why cry. Go protest and take licks with the people you threw under the bus!!

You still playing this old LP, comrade? Now is MP3 time.

MP Simona + MP Amna + MP Phagwali. Play them.

Jagdeo already forgave me. Big heart he has.

1/13/187:13 PM

NehruBig Mouth Member

Baseman posted:
Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.
If I remember correctly, for years you were clamoring for the end of PPP rule due to a personal grudge against Jagdeo. Now you got what you wanted, why cry. Go protest and take licks with the people you threw under the bus!!

Base, I do not agree with you here. I myself had doubts and wanted the PPP to change some of their ways. In fact, I warned the PPP that unless they change with regards to condoning incompetence, wasting money, transparent they risk being out of Power. I was so right.

1/13/187:38 PM

kpHonorary Member

I would bet the government will find more excuses for not paying the second half of the severance. No Money.

1/13/187:52 PM

cainTired old hippie

Nehru posted:
Baseman posted:
Gilbakka posted:
APNU+AFC made a big sacking plan but a small spending plan for severance payout. Real geniuses.
If I remember correctly, for years you were clamoring for the end of PPP rule due to a personal grudge against Jagdeo. Now you got what you wanted, why cry. Go protest and take licks with the people you threw under the bus!!
Base, I do not agree with you here. I myself had doubts and wanted the PPP to change some of their ways. In fact, I warned the PPP that unless they change with regards to condoning incompetence, wasting money, transparent they risk being out of Power. I was so right.

Aha so are a paid PPP poster

1/13/1811:03 PM

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Only 10% of sum needed for sugar workers’ severance initially budgeted – Harmon

By Staff Writer 8 hours ago 11 Comments

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