{"id":437327,"date":"2026-02-21T04:51:09","date_gmt":"2026-02-21T04:51:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/437327\/"},"modified":"2026-02-21T04:51:09","modified_gmt":"2026-02-21T04:51:09","slug":"minority-raises-alarm-over-commodity-dependence-and-cocoa-sector-crisis","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/437327\/","title":{"rendered":"Minority raises alarm over commodity dependence and cocoa sector crisis"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/Minority-raises-alarm-over-commodity-dependence-and-cocoa-sector-crisis-2022645?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/02\/36477053.295.jpg\" alt=\"MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh\" title=\"MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh\" width=\"295\" height=\"215\" \/> <\/a>MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh<\/p>\n<p id=\"article-123\"> The Minority Caucus has expressed concern that Ghana is returning to what it describes as dangerous over-reliance on commodity prices to sustain economic stability.<\/p>\n<p>In its latest statement, the Caucus warned that improvements in macroeconomic indicators are being driven largely by global gold prices rather than domestic structural reforms.<\/p>\n<p>The statement commended the Centre for Democratic Development (CDD-Ghana) for initiating a one-year performance review of the Mahama administration, but urged civil society groups to examine \u201cmethods, costs and sustainability\u201d beyond headline figures.<\/p>\n<p>\u201cWithout subjecting recent developments to these three tests, national discourse is reduced to slogans, not governance,\u201d the Minority stated.<\/p>\n<p>On the cocoa sector, the Caucus claimed farmers are losing more than GH\u00a21,000 per bag due to structural changes in trading systems and the removal of stabilisation and hedging buffers.<\/p>\n<p>\u201cEconomic resets that shift global market risks onto vulnerable farmers are not reforms; they are policy injustice,\u201d the statement said, adding that the Minority had formally demanded corrective measures.<\/p>\n<p>The Caucus further criticised what it termed declining fiscal performance, alleging that revenue-to-GDP ratios had dropped from 16 percent to 11 percent by the third quarter of last year.<\/p>\n<p>It argued that fiscal consolidation \u201cbuilt on collapsing revenue is not reform; it is institutional contraction and state weakness\u201d.<\/p>\n<p>Ending on a cautionary note, the Minority stated that \u201cthis is not economic resilience; it is renewed commodity dependence and a return to old structural vulnerabilities\u201d.<\/p>\n<p>It urged continuous and technical national accountability, insisting that \u201cGhana deserves methods that work, costs that are justified, and sustainable policies.\u201d<\/p>\n<p>Meanwhile, watch GhanaWeb\u2019s expos\u00e9 on the &#8216;dark side of Kayamata&#8217; and its devastating impact <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"MP for Nsawam-Adoagyiri, Frank Annoh-Dompreh The Minority Caucus has expressed concern that Ghana is returning to what it&hellip;\n","protected":false},"author":2,"featured_media":437328,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-437327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/437327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=437327"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/437327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/437328"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=437327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=437327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=437327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}