The Ghana Olympic Committee (GOC) has welcomed the passage of the Sports Fund Bill, stating that it could help address funding challenges in the country’s sports sector.

GOC President, Richard Akpokavie, said the establishment of the Fund introduces a dedicated source of financing for sports development.

He noted that inconsistent funding has affected the growth of several sporting disciplines in Ghana.

He compared the proposed funding structure to other earmarked national funding streams, stating that the Sports Fund would provide a structured mechanism to support sports development beyond competition participation.

According to the GOC, limited financial resources over the years have affected athlete preparation, infrastructure, technical training and grassroots programmes.

The Committee said the Fund could enable national federations to undertake longer-term planning and improve support systems for athletes.

The GOC indicated that national federations are expected to benefit from the Fund through improved operational capacity and preparations for continental and international competitions.

The Committee also acknowledged the role of the Minister for Sports and Recreation, Kofi Iddie, in the passage of the Bill, citing his involvement in the process leading to its approval.

In a statement issued by its Communications Department, the GOC expressed the expectation that the Fund will contribute to improved management and oversight within the sports sector.