Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Government moves COCOBOD oversight to the Finance Ministry
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 70701, member: 636"] Ghana has initiated the transfer of cocoa board supervision from agricultural authorities to the finance ministry in an effort to enhance fiscal oversight of the struggling export sector. Officials aim to address mounting debt and declining production through centralized financial management. Production volumes have recovered after dropping below 531,000 metric tonnes, with projections targeting 650,000 metric tonnes through government investments in pest control and fertilizer distribution. Finance Minister Ato Forson reported that outstanding obligations decreased from GH¢32.0 billion to GH¢20.6 billion, while road infrastructure debt fell to GH¢6.9 billion following rationalization measures. Legislative amendments to the 1984 Cocoa Board Act will formalize the ministry transition, positioning the finance sector to manage rollover contracts, smuggling prevention, and farm gate pricing that recently increased to GH¢58,000 per metric tonne. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Government moves COCOBOD oversight to the Finance Ministry
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top