COCOBOD Pays GH¢162 Million To Cocoa Bill Holders Who Opted Out Of DDEP

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The Ghana Cocoa Board (COCOBOD) has settled GH¢162 million in outstanding obligations owed to individual holders of Cocoa Bills who opted out of the government's Domestic Debt Exchange Programme (DDEP).

In a statement issued on Wednesday, COCOBOD said the payment represents the full settlement of legitimate debts owed to the affected investors.

The cocoa regulator explained that following the implementation of the DDEP in 2023, some payments due to non-participating Cocoa Bill holders remained outstanding due to financial constraints.

COCOBOD said the latest payment forms part of efforts to honour outstanding obligations, restore investor confidence and strengthen the financial sustainability of Ghana's cocoa sector.

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