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Chad: 700 million CFA francs in bonuses for cotton farmers

03/05/2022
Categories: Raw materials

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This year, about 700 million CFA francs will constitute the rebates distributed on the basis of the conventions in this area. This amount will be distributed to cotton farmers.

 

40% will be granted on a pro rata basis to producers, 20% to the National Union of Cotton Producers, 20% to the cotton company and 20% to the support fund for the cotton sector. CotonTchad will distribute on behalf of the 2021-2022 season, rebates, a kind of bonus granted to cotton farmers when the price of cotton increases on the world market. The payment process starts at the beginning of this week.

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