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Rice And Sugar Industry, British Guiana

Volume 526: debated on Wednesday 7 April 1954

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30.

asked the Secretary of State for the Colonies the total value at the latest available date of the British Guiana rice and sugar stabilisation funds; and what part of these funds is available or used for welfare work and housing of the plantation employees.

The Sugar Price Stabilisation Fund totalled 5,569,067 dollars at 31st December. There is no Rice Price Stabilisation Fund. As my right hon. Friend stated on 7th December, 2,500,000 dollars have been diverted from the Stabilisation Fund to the Labour Welfare Fund, which exists specifically for the purposes mentioned in the Question. This sum will speed up the rehousing of sugar estate workers.