COCOBOD settles GH¢162m outstanding debt owed to non-DDEP Cocoa Bill holders
In a statement released on Wednesday, July 15, COCOBOD explained that following the implementation of the DDEP in 2023, payments to some Cocoa Bill holders who opted not to participate in the programme remained outstanding due to the Board’s financial constraints.“The Board has now fully settled these obligations as part of its commitment to honour all legitimate debts,” the statement said.
The Ghana Cocoa Board (COCOBOD) has announced that it has paid GH¢162 million in full settlement of outstanding obligations owed to individual holders of Cocoa Bills who did not participate in the government’s Domestic Debt Exchange Programme (DDEP).
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