Finance Minister lists 12 key points to reset COCOBOD agenda

Business February 13, 2026 ofori 44 views 0 comments

The Finance Minister, Cassiel Ato Forson, has outlined twelve key reforms under the COCOBOD Reset Agenda.

The points include "Immediate payment of all outstanding arrears owed to cocoa farmers."

They also include "Introduction of automatic producer price adjustments linked to global prices and exchange rates."

Other measures are "Guarantee of a minimum producer price" and the "Replacement of the old syndicated loan model with domestic cocoa bonds."

Further items listed are "Permission for COCOBOD to sell any volume of beans to local processors" and the "Revival of the Produce Buying Company (PBC)."

The agenda makes "Mandatory processing of at least 50% of cocoa locally from 2026/27" and proposes "Conversion of GHS 5.8 billion legacy debt into equity."

It also calls for the "Transfer of GHS 4.35 billion road liabilities to the Roads Ministry" and a "Forensic audit and criminal investigation into COCOBOD's past operations."

Finally, the plan emphasises "Cost-cutting and operational restructuring within COCOBOD."