COCOBOD Is Not Broke: Minister Clarifies Financial Stability for Cocoa Purchases
Saturday, 14 September 2024, 09:07
COCOBOD's Financial Health
Minister for Food and Agriculture, Bryan Acheampong, has categorically denied the assertions that COCOBOD is financially unstable and incapable of purchasing cocoa beans from farmers.
Strengthening Stakeholder Confidence
- Minister stresses strength of COCOBOD's fiscal position.
- Reaffirms commitment to purchasing cocoa from farmers.
- Highlights the importance of sustainably supporting Ghana's cocoa sector.
Impact on the Cocoa Industry
The clarification aims to restore and enhance confidence among stakeholders concerned about the sustainability of Ghana’s cocoa production amidst varying market challenges. By reinforcing these messages, Minister Acheampong signals to the public and farmers that COCOBOD is on firm financial footing.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.