Government can no longer sustain pumping close to $30 million annual into the sugar industry. And the end of the current season in April will trigger the commencement of a phased withdrawal by the state and the move towards promised privatisation. “In terms of the transitioning of the sugar industry to a private sector-owned industry, with no Government participation, for the end of this coming financial year that process should …
Bridgetown, Jan 5 (Prensa Latina) The government of Barbados will gradually begin the promised privatization of the national sugar industry,at the end of the sugar harvest in April this year, an official source announced.
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