President John Dramani Mahama has reaffirmed his commitment to ensuring that cocoa farmers in Ghana receive 70% of the world market price for their produce. This promise is part of his vision to boost the livelihoods of farmers and revitalize the cocoa sector.
Key Points:
– Cocoa Pricing Policy: The President’s pledge aims to increase the income of cocoa farmers, potentially improving their standard of living and incentivizing further production.
– Economic Impact: Cocoa is a major export commodity for Ghana, and the pricing policy could have significant economic implications for both farmers and the country.
– Previous Discussions: The issue of cocoa pricing has been a topic of discussion in Ghana’s agricultural sector, with many farmers and stakeholders advocating for better prices.
President’s Commitment
President Mahama emphasized that fulfilling this commitment would require careful planning and implementation. The government would need to balance the interests of farmers with the sustainability of the cocoa industry.
Next Steps
The specifics of how this policy would be implemented and the timeline for its rollout are yet to be detailed. Stakeholders in the cocoa sector will likely be watching closely for further developments.