Ghana news briefing
IERPP questions GH¢2,500 Cocoa price despite reported US$3.86bn export earnings, GH¢5.11bn COCOBOD revenue
The Institute is therefore calling on Government and COCOBOD to publish a full breakdown showing export earnings, international cocoa prices, exchange-rate effects, COCOBOD revenues and costs, producer-price calculations, farmer payments and the distribution of value along the cocoa value chain.
The Institute of Economic Research and Public Policy (IERPP) is demanding a transparent explanation for what it describes as a sharp disparity between Ghana's booming cocoa export earnings and the producer price paid to farmers.11 billion in the period under review, why did the cocoa farmer receive only GH¢2,500 per bag?
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