Finance Minister Cassiel Ato Forson has announced a $1 billion allocation to the tourism, culture and creative arts sectors in the 2027 Budget, as part of the government’s efforts to position Ghana as a leading destination for visitors throughout the year.
Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, Ato Forson said the government intends to transform Ghana’s existing strengths in tourism, culture and democratic stability into a sustainable visitor economy capable of generating significant foreign exchange.
He explained that Ghana has several competitive advantages that could be leveraged to attract international visitors, including its rich history, cultural influence across Africa and reputation for peace and democratic stability.
Ato Forson said these attributes provide the country with an opportunity to attract tourists, investors and other visitors seeking destinations for business, cultural experiences and leisure.
“Ghana possesses a history that speaks to the world; a culture that continues to shape Africa and a reputation of peace and democratic stability in a region that needs dependable places to meet, invest and heal.”
The Finance Minister stressed that the investment would also support creative enterprises and create better employment opportunities, particularly for individuals and businesses whose activities are linked to Ghana’s cultural and artistic identity.
“We will invest US$1 billion to turn these strengths into a year-round visitor economy that earns foreign exchange, sustains creative enterprise and creates better jobs across the country. December in Ghana will remain a powerful anchor, while heritage journeys, ancestry services, family reunions, education programmes and the creative arts will create reasons to visit throughout the year.”
