Breaking News: Ghana government approves Gh¢24 million World Cup budget
Ghana’s government has approved Gh¢24,677,025 as the total budget for the Blacks Stars for their participation in the World Cup in Brazil in June.
A breakdown of the total amount indicates that for the first group stage of the competition, Cabinet approved GH¢10,500,000 to the Ministry of Youth and Sports to finance Ghana’s participation.
For subsequent stages of the competition, a further amount of GH¢14,177,025 has also been budgeted to cover the team’s expenses if they qualify.
This brings Government commitment to the Black Stars’ participation to a total of GH¢24,677,025.
“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 2014 FIFA World Cup in Brazil,” a press release signed by Minister for Information & Media Relations, Mahama Ayariga read.
“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.
“This brings Government commitment to the Black Stars’ participation to a total of GH¢24,677,025.”
Cabinet has expressed great confidence in the Ghana Black Stars and its technical team and is satisfied with the preparations made so far towards Ghana’s participation in the World Cup in Brazil.
Every budget for Ghana’s World Cup participation resurrects a ritual of debate over whether the amount is prudent for a one-month long competition or an overly wasteful outlay of scarce resources.
This year has not been an exception.
Circling media reports had claimed the Ghana Football Association submitted a budget of around US$ 20 million to the Ministry of Youth and Sports for approval.
News of it unleashed a familiar ‘Ghana is too poor’ chorus and a melody of an impending malfeasance at the World Cup.
The GFA and the Minister of Sports, Elvis Afriyie Ankrah had kept silent and only assured the amount would be made public soon.
Ghana had a budget of $19 million approved for the last edition of the World Cup in South Africa in 2010 and spent only $9m.
The Black Stars reached the quarter-final stage of the competition and brought back $11m which means the country made a profit of $2m for its participation in the competition.
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