Audio By Carbonatix
The Minister of Youth and Sports, Mustapha Ussif, has revealed his outfit spent $5 million out of its budgeted $8.16m for Ghana's participation in the group stages of the FIFA World Cup in Qatar.
"Out of estimated budget of ($8,166,200.00 for the tournament,) our total expenditure for our group stage participation amounted to $5, 071, 840.36," Ussif said on the floor of Parliament.
He explained that, the expenditure "covered appearance fees, per diems, flight arrangements, medicals, equipment, logistics and hospitality.
"Mr Speaker, the reason for the surplus of over $3m, after our exit at the group stage, is as a result of the Ministry's prudent management of resources, as well as the Ministry's decision to negotiate a qualification bonus to the next round, instead of paying winning bonus per match.
"What this means is that, inspite of the Black Stars defeating South Korea 3:2 in our second group match, we did not pay winning bonuses for that win. However, we would have paid qualification bonus to the team had they been able to progress from the group to the next stage of the World Cup, regardless of the results of our group matches.
"Mr Speaker, this measure we have adopted is aimed at motivating the team to go all out and progress from one stage of competitions to the other, and also ensure prudent management of resources.
"Even though we would have been very happy for the Black Stars to progress for us to pay the qualification bonus, this measure has also saved the nation some money, which will go back to our continuous sports development," he stated.
Ghana exited the World Cup after losing its final group game 2-0 to Uruguay on December 2, 2022.
Latest Stories
-
Ghana’s IMF exit won’t end oversight – Fund pledges continued engagement
2 hours -
Sedina Tamakloe-Attionu nabbed in US as extradition process begins
2 hours -
Egypt receives €1 billion from EU as part of assistance package
4 hours -
Kenya strikes preliminary duty-free trade deal with China
4 hours -
Gov’t to scrap mining stability pacts, double royalties
4 hours -
Managers’ authority is being eroded – Southgate
5 hours -
Ethiopia says seized ammunition sent by Eritrea to rebels as tensions rise
5 hours -
Venezuelan Nobel Peace Prize winner presents her medal to Trump
5 hours -
Matthew McConaughey trademarks iconic phrase to stop AI misuse
5 hours -
Players need social skills for World Cup – Tuchel
5 hours -
Song banned from Swedish charts for being AI creation
6 hours -
Barcelona reach Copa del Rey quarter-finals
6 hours -
Labubu toy manufacturer exploited workers, labour group claims
6 hours -
Lawerh Foundation, AyaPrep to introduce Dangme-language maths module
6 hours -
US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea
7 hours
