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World Cocoa Farmers Organization Urges COCOBOD To Fasttrack Farmers Pension Scheme

Lauds the Government of Ghana for cocoa farm gate price increase

The World Cocoa Farmers Organization has called on COCOBOD to fast track the cocoa farmer pension scheme policy to ensure aged farmers in the country live a decent life.

While commending COCOBOD and government for the recent increment of the producer price for the 2020/2021 Cocoa season, the Association in a statement signed by National Board Secretary, Moses Djan Asiedu said the new price of GH₵660 per bag of 64kg will boost the morale of farmers and improve our earnings.

“The WCFO has, since 2019, followed with keen interest the collaborative efforts the government and for that matter, COCOBOD have put in at intervening in the pricing regime through the Living Income Differential (LID) proposed by the governments of Ghana and Cote d’ Ivoire to ensure cocoa farmers earn improved incomes for improved livelihood,” the statement said.

It continued, “We, the producers of cocoa are highly impressed by the high level of commitment and tenacity to confront the Cocoa Industry and all stakeholders to come to terms with this novelty approach. We also note with satisfaction that the promise to transfer all the gains of $400 in the Living Income Differential to farmers has been honoured and this indeed is commendable”

It has, however, urged the government to sustain such efforts which only aims at bettering the lives of the cocoa farmer.

The World Cocoa Farmers Organization (WCFO) is an international umbrella body set up to serve as an advocacy platform for a common voice for all cocoa farmers.

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