Cocoa Bill Exchange

Ghana’s Cocoa Bill Exchange Programme Gets Over 90% Participation

Ghana’s Cocoa Bill Exchange Programme Gets Over 90% Participation

The Government of Ghana's cocoa bill exchange programme has achieved significant success, with more than 90% of Cocoa Bill holders tendering for exchange under the new initiative. Dr. Mohammed Amin Adam, the Minister of State at the Ministry of Finance, hailed this accomplishment, deeming it a major achievement for the state. The proceeds from this endeavour are earmarked to fund upcoming cocoa purchases. Dr Adam shared this news during the International Taxation Conference organised by the Chartered Institute of Taxation. The government's announcement involves the exchange of nearly ¢8.0 billion to refinance cocoa purchases for the upcoming season, as COCOBOD…
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