Ghana’s sporting sector will surely witness some progression in the year 2018 as a result of the creation of the National Sports Fund to finance sporting activities in the country.
The Minister of Finance Ken Ofori-Atta made the revelation today (Wednesday, November 15, 2017) in parliament during the presentation of the national budget for the coming year.
Mr Ofori-Atta in his address stated the yet to be created fund will be used to improve sports development in the country.
The Finance Minister said: “In 2018, the Ministry will continue the process of passing the Legislative Instruments of the National Youth and Sports Act, pursue the enactment of the draft National Sports College Bill and create a Sports Fund to improve sports development in the country.
He continued that the National Youth Authority will establish the Youth in Sports Development Programme to create a platform for the youth to contribute to sports development.
This is the second time a Finance Minister has pledged to continue the process of passing the Legislative Instruments of the National Youth and Sports Act and pursue the enactment of the draft National Sports College Bill.
It will be recalled that the former Finance Minister, Seth Terkper under the National Democratic Congress (NDC) in 2015 pledged that the Ministry of Youth and Sports would finalize both processes in the year 2016.
In May this year, the Minister of Youth and Sports, Mr Isaac Kwame Asiamah, inaugurated a 13-member Technical Committee to oversee the creation of the National Sports Fund.