Ghana wants to increase its cocoa growing by 30%
Ghana's government has doubled its budgetary allocation for supplying fertliser to cocoa farmers for the 2008/09 crop starting this month, an official at the Cocobod cocoa regulator said.
The world's
second biggest producer aims to raise its cocoa output to 1 million
tonnes a year by 2010, from an average of 670,000 tonnes over the
past four seasons.
"A key component of the strategy
toward the 1 million target is to encourage farmers to shift from
traditional to high-tech production, through increased fertiliser
application," said an official.
The budgetary allocation for fertiliser
had been doubled to 65.5 million cedis (56.3 million USD) for the
2008/09 crop, the official said.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >