04/26/2024
After the National Federation of Coffee Growers maintained that the statements of the Minister of Agriculture, Jhenifer Mojica, about the financial situation of the union are not consistent with reality and “put at risk the most precious coffee public good, which is the purchase guarantee ”, The portfolio issued a statement clarifying what happened.
According to the Ministry, the intervention of Minister Mojica, within the framework of the debate on political control over the crisis in the coffee sector, “It cannot be decontextualized to argue a possible negative impact on the coffee market or the purchase guarantee.”
In context: Federation of Coffee Growers asks the Government not to create false illusions for producers
“As the National Federation of Coffee Growers has witnessed in the sessions of the National Committees, the Government, through continuous and rigorous monitoring of the National Coffee Fund, has sought to protect and strengthen the purchase guarantee at all times,” noted the briefcase.
He added that what the minister did was carry out an analysis of the institutional and economic complexities of the sector, and that it is not possible to make a statement about the negative financial situation of the Federation because neither the National Committee of Coffee Growers nor any government agency has received financial information about it.
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“What was stated refers to the complex financial situation that the Federation is going through, which may be affected by the serious problems caused by economic and market cycles, as even the general manager of the Federation himself commented in the debate,” it reads. in the statement.
The Ministry of Agriculture stressed that, in order to advance in sectoral strengthening, It is important to know the financial situation of the Federation as administrator of the National Coffee Fund.
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In this sense, requested information regarding the progress of the austerity plan, administrative efficiency indicators and financial sustainability metrics (debt, profitability and leverage, among others).
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“We are convinced that knowledge about this information can concretize and unite efforts to decisively advance in achieving the objectives set in coffee matters,” the letter stated.
