ACCRA Feb 13 Ghana's Cocobod is in talks with
international banks for a syndicated loan to cover cocoa
purchases in the 2017/18 season, the regulator's new head said
on Monday, adding that it would likely seek less than the
current season's $1.8 billion.
"The figure depends on the crop forecast, the cedi exchange
rate and the world market price of cocoa. But I don't think we’d
need $1.8 billion this year. The price of cocoa is now falling,
so we'd look at all that," Joseph Boahen Aidoo told Reuters.
(Reporting by Kwasi Kpodo; Writing by Joe Bavier; Editing by