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Wednesday, March 25, 2026

Govt to pay GHC9.7bn in September to settle part of COCOBOD debt

The government is set to pay GH¢9.7 billion by the end of September 2025 to settle part of COCOBOD’s growing debt, President John Dramani Mahama has revealed.
Addressing Parliament during the 2025 State of the Nation Address, he detailed the financial distress facing the cocoa sector, warning that mismanagement and poor decisions in recent years have plunged COCOBOD into severe debt.
“The hope of cocoa farms is also highly indebted. Its balance sheet indicates a total debt of GH¢32.5 billion, of which GH¢9.7

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