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Cabinet Approves Nearly $10 Million (Gh¢24 Million) as Ghana’s World Cup Budget

Ghana Blackstar
Ghana Blackstar

With a proposal of $20 million having been presented, the Cabinet seems to have done a good cut down by only approving about $10 million as Ghana’s World Cup Budget, considering the fact that $19 million was approved for the last World Cup held in South Africa.

Nevertheless, the nearly US$10 million (Gh¢24,677,025) approved budget is pretty high compared to  the US football Federation’s World Cup budget for Brazil which is listed at US$2 million although the amount may increase. Algeria has proposed US$5.8 million; One million of the mount will be received from sponsorship and Belgium on December 12 announced an allocation of €4.5 million for the national team for Brazil 2014.

A press statement signed by the Minister for Information and Media Relations, Mr Mahama Ayariga said for Ghana, cabinet has approved the release of GH¢10,500,000 to the Ghana Football Association (GFA) to finance Ghana’s participation in the first group stage of the competition.

A further amount of GH¢14,177,025 has also been budgeted to cover the team’s expenses when they qualify for subsequent stages of the competition—making the government’s total commitment to the Black Stars’ participation to a total of GH¢24,677,025.



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1 thought on “Cabinet Approves Nearly $10 Million (Gh¢24 Million) as Ghana’s World Cup Budget”

  1. This is absolutely ridiculous. it saddens me that Ghanians continue to vote for illiterates who continue to mismanage funds. the Ghana economy is in shambles, the education system is poor, the country is dirty and smells, unemployment is high, the cedi is falling in value and the government chooses to budget such a large amount of money on football. really football?  

    how is football helping develop Ghana as a country. even established countries such as the USA know its common sense not to waste money on such useless things.

    I know we’re all happy to be Ghanians and love seeing Ghana play however lets be realistic there is no way Ghana is going to win the Worldcup.

    Reply

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