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COCOBOD entered 2025 with GH¢17.8bn debt burden – Adongo
February 19, 2026
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COCOBOD entered 2025 with GH¢17.8bn debt burden – Adongo

Money
Policy
Growth

Key Points

  • COCOBOD began 2025 with approximately GH¢17.8 billion in loans.
  • Its total financial exposure, including operational liabilities, is estimated at GH¢60 billion.
  • Isaac Adongo, Chairman of Parliament's Finance Committee, warns of severe financial distress and unsustainable debt.
  • He argues that continued borrowing is imprudent and illogical without addressing underlying inefficiencies.
  • Adongo insists the cocoa sector requires a "reset" and that the government must confront these financial realities.

Why This Matters

Ghana is one of the world's largest cocoa producers, and COCOBOD's severe financial distress threatens the sustainability of this vital sector. The debt burden could impact the livelihoods of millions of cocoa farmers, reduce national foreign exchange earnings, and undermine Ghana's overall economic stability if not urgently addressed.

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