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Gov’t earmarks $1bn for Creative Arts and Tourism in 2027 Budget

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The Government of Ghana has announced plans to inject the cedi equivalent of one billion US dollars into urban centres to transform the country’s cultural heritage and democratic stability into a vibrant, year-round visitor economy.

Presenting the 2027 Budget Statement and Economic Policy before Parliament, the Minister for Finance, Dr. Cassiel Ato Forson, explained that the substantial capital injection is tailored to drive foreign exchange inflows and generate sustainable employment across the country.

According to the Finance Minister, the initiative forms the bedrock of Pillar Five of the administration’s New Economy programme, which places a sharp focus on tourism, culture, and the creative arts. He emphasised that Ghana boasts a rich history that resonates globally alongside a dynamic culture that continues to influence the African continent.

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While acknowledging that the popular “December in Ghana” festivities will remain a major draw for international guests, Dr. Forson noted that government is actively working to eliminate seasonal lulls in the hospitality sector. To achieve this, authorities will promote ancestral services, heritage journeys, family reunions, educational programmes, and creative arts showcases to attract visitors throughout all twelve months of the year.

As part of this year-round strategy, the flagship Black Star Experience will be expanded into a continuous 12-month programme backed by a unified national calendar. Dr. Forson revealed that government will introduce competitive destination bidding to decentralise tourism demand across various regions and seasons, effectively converting cultural events into structured, bookable travel packages.

“Ghana possesses a history that speaks to the world and a culture that continues to shape Africa,” Dr. Forson told the House during his presentation, stressing the need to monetise these assets responsibly.

Touching on the preservation of national monuments, the Finance Minister assured Parliament that historical sites, including the nation’s forts, castles, and landmarks linked to the transatlantic slave trade, will be maintained and presented with strict historical accuracy.

By: Rainbowradioonline.com/Ghana

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