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COCOBOD signs US$1.3bn loan syndication deal

Comment: Why loans?

Author:
Efo Yaovi
Date:
2019-09-22 05:48:38
Comment to:
Re: COCOBOD signs US$1.3bn loan syndication deal


That is what I have been asking myself every cocoa season. What have they been using the accrued profits for? Every year, you go for loans for cocoa and you pay interests on it. Can't the nation raise that amount for the purchases? Can someone educate me on this?

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