JemohGh 
Minister for Food and Agriculture, Bryan Acheampong, has solidly dismissed claims that the Ghana Cocoa Board (COCOBOD) comes up short on assets to buy cocoa beans from framers.
In front of the 2024/2025 cocoa season, COCOBOD declared plans to utilize a mix of self-supporting and partnered credits to finance cocoa buys.
Notwithstanding, Finance Minister Dr. Mohammed Amin Adam uncovered that the partnered credit will get under $600 million, missing the mark regarding the underlying $1.5 billion objective.
Talking at a public interview to report the maker cost for cocoa for the 2024/2025 season, Mr Acheampong underlined COCOBOD’s financially solidness and its capacity to make the vital buys.
“I don’t see the reason why anybody would agree that COCOBOD needs reserves. This is a misinterpretation that ought not be spread. COCOBOD is exceptional to purchase cocoa beans from ranchers and exchange them.
“Never has the public authority or COCOBOD expressed that it can’t buy cocoa,” he added.
In the mean time, the cocoa maker cost has expanded from GH¢20,928 per ton toward the beginning of the 2023/2024 season to GH¢48,000 per ton, with the cost per 64kg pack ascending from GH¢1,308 to GH¢3,000.
