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Guyana: Gov’t greenlights $350m for forestry commission

Two weeks after announcing that the Guyana Fores-try Commission (GFC) was unable to pay salaries for July and owes millions to the utility companies, the new government has approved the release of $350 million to cover these expenses.

According to a release yesterday on the issue, the Minister of Natural Re-sources, Vickram Bharrat on August 6 committed to seek the President’s intervention to obtain financial support for the agency, which has been struggling to pay staff on time and fund other critical operational costs for several months.

It is unclear from where the money is being sourced.

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