Minister-designate for Tourism, Arts and Culture, Dr. Mohammed Ibrahim Awal has announced a GH¢50 million facility to fund entrepreneurs in the tourism sector, as part of the post covid-19 economic recovery programme.
Taking his turn at the Parliament’s Appointment Committee, Dr. Awal said Ghana’s tourism sector has lost significant amount of investments to the covid-19 pendemic, and when thus given the opportunity as a minister, he will institute measures to ensure the sector is back on track.
Ghana is said to have lost about GH¢6 billion to the coronavirus pandemic due to restrictions on travel and tourism activities.
President Akufo-Addo in the middle of last year rolled out GH¢600 million for the sector as a stimulus package to cushion the hospitality sector from the devastating effect of the virus.
According to the Minister-designate, although the fund has been disbursed to some sector players, there is the need for additional funds targeted at building the capacity of entrepreneurs in the industry, a situation he believes will boost economic recovery after the pandemic.
“In Ghana here, tourism is said to have lost about GH¢6 billion from the effect of the pandemic and it is on record that after every catastrophe, there is a surge in tourism. We think it is time to enhance the capacity of our entrepreneurs so that they can take advantage” he told the committee.
The Minister-designate also touted his achievements at his previous ministry through the introduction of the presidential pitch and other private sector led initiatives which created employment for many youths in the country.
Latest Stories
-
CAFCC: USM Alger file appeal at CAS to contest CAF’s decisions on RS Berkane jersey
16 mins -
Medical Laboratory Professionals threaten to strike over conditions of service
4 hours -
Residents of Anloga, Keta express frustration over ECG billing
4 hours -
I don’t believe in praying in tongues – Strongman
4 hours -
‘After The floods’: VRA and GMet clash over cause of Akosombo Dam spillage disaster
5 hours -
‘After The Floods’: Victims suffer harsh conditions 6 months after Akosombo dam disaster
5 hours -
Akufo-Addo to unveil Otumfuo commemorative stamp
5 hours -
EduSpots distributes over 100 tablets and laptops to 30 community-led education spaces
5 hours -
Taxation is driving away investors – FABAG General Secretary
6 hours -
Effutu MP commissions office for Hepatitis B; absorbs cost of testing, vaccination and management
6 hours -
Bawumia pushes for land digitisation to tackle land guard menace
6 hours -
Faith-based institutions are instrumental in national development – Bawumia
6 hours -
Upholding the Integrity of Presidential Promises: A call to Ghanaian leaders
6 hours -
I don’t start ‘beefs’; I only reply – Strongman refutes claims
7 hours -
Vice President Bawumia promises reforms to turn Ghana’s fortunes around
7 hours