The Ghanaian Democrat

The paper has as its banner headline "more cash for cocoa farmers".

According to the paper, the government has shown a lot of commitment to the efforts of cocoa farmers by raising the percentage given them from the world market price.


The paper disclosed that in 1997 the cocoa farmers earned 54 per cent from the world market price while in 1998, the government increased the earning capacity of the farmers to 56 per cent. This year the government will give out 58 per cent to the farmers though government policy indicates that the figure is likely to be higher than 58 per cent, the paper added.

According to the story, the Minister of Finance Mr. Kwame Peprah stressed these points in the budget statement for 1999, which he presented to Parliament last Friday.