As part of moves to berth a National Sports Fund, the Ministry of Youth and Sports will be holding a stakeholders consultative forum on Thursday, December 14.
The forum has been scheduled for the International Conference Center, Accra.
Earlier this year, Sports Minister Isaac Asiamah upon his appointment into office promised to institute a Sports Fund to basically solve the funding deficit of sports programmes and projects in the country.
Funding has been identified as a major factor in Ghana’s under-achievement in sports with so many disciplines competing for funds from the usually inadequate allocation handed the Youth and Sports Ministry in the national budget.
In May, the Sports Minister saw to the inauguration of a 13-member Technical Committee to oversee the creation of a National Sports Fund. The Committee headed by his deputy, Pius Enam Hadzide was tasked to review and put in place an institutional framework that will explore alternative revenue streams.
Close to seven months into the Committee’s work, the Deputy Sports Minister tells starrsportsgh.com in an interview of the need to seek inputs from stakeholders.
“Sometime back the honorable minister explained to the country that, he wanted to have a dedicated Sports Funding Mechanism. We were convinced of the requirement that we need to develop sporting infrastructure, athletes training, management, maintenance and promotion.
“The budgetary allocation from the Ministry of Finance to the Ministry of Youth and Sports was woefully inadequate so he set up a technical committee to formulate modalities and see to the possibilities of the formulation and implementation of a dedicated Sports Fund.
“The Committee has been doing its work and as part of its work, we will hold a one-day consultative forum of all the stakeholders in sports in Ghana at the conference room of the International Conference Center to open it up for inputs from all the stakeholders as to what we should do, what are the revenue streams into the fund and where do we intend to get the money from,” he told Starrsportsgh.com.
As at our last count, there are 43 sporting disciplines in under the National Sports Authority. In the recent budget reading for 2018, the Youth and Sports Ministry’s allocation was cut by 30 per cent from the previous year. The Ministry is to work with a sum of GH¢32,799,500.