Past Cocoa Price Decisions Still Burden Sector — COCOBOD Boss

Published . Category: Finance.

Past Cocoa Price Decisions Still Burden Sector — COCOBOD Boss The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has revealed that

Past Cocoa Price Decisions Still Burden Sector — COCOBOD Boss
Past Cocoa Price Decisions Still Burden Sector — COCOBOD Boss The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has revealed that decisions taken nearly a decade ago to maintain cocoa producer prices through extensive borrowing are still weighing heavily on Ghana’s cocoa sector. This historical financial strategy, while initially intended to safeguard farmer incomes, has cascaded into a multifaceted burden impacting national finances and the very farmers it sought…