The government of Ghana agreed to borrow $800 million for the Ghana Cocoa Board (COCOBOD) from banks and financial institutions. This approval will help COCOBOD buy nearly half of the cocoa beans it expects to need for the 2023/2024 harvest. Meanwhile, the leader of the smaller group in Parliament, Dr. Cassiel Ato Forson said in the House that he was only agreeing to the COCOBOD loan because he wanted to help the poor cocoa farmers. He said he can't understand how much money COCOBOD has been losing every year. He said that COCOBOD is not being managed well and needs attention from the country. "Mr Smith" Speaker, COCOBOD requires some attention. They need people in the country to pay attention to them. I'm not saying this because my brother Bryan is a minister now. You just got a job as a cocoa Agriculture Minister but Mr. Speaker, I'm approving the loan for the farmer because it's the right thing to do. Besides that, we should have said no to this. He said we should have said no to it and then asked COCOBOD to check how they are managing Ghana Cocoa Board. Some people from a small group are worried about how COCOBOD is being managed poorly.

Source: The Independent Ghana