COCOBOD misses June deadline to clear GH¢6bn cocoa arrears, leaves GH¢3.4bn unpaid
The Ghana Cocoa Board (COCOBOD) has failed to meet its self-imposed end-of-June deadline to clear more than GH¢6 billion owed to cocoa farmers and Licensed Buying Companies (LBCs), leaving an estimated GH¢3.
Before this latest disbursement, COCOBOD had acknowledged arrears exceeding GH¢6 billion owed to farmers and LBCs.4 billion has been earmarked to pay cocoa farmers who were still owed for cocoa supplied on credit in previous crop seasons, while GH¢1.
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