President John Dramani Mahama asserts that the reduction of cocoa producer prices was a necessary measure to ensure economic stability.
In response to concerns raised by cocoa farmers regarding the recent price reduction announcement, the president explained that the decision was unavoidable.
Finance Minister Dr Cassiel Ato Forson had previously announced a downward revision of the cocoa producer price to GH¢41,392 per tonne, or GH¢2,587 per bag, for the remainder of the 2025/2026 crop season.