2027 Budget: Government earmarks US$1 billion for tourism and creative arts development

The Ghanaian government has unveiled a US$1 billion budget initiative aimed at bolstering the country's tourism and creative arts sectors, as part of efforts to cement its status as a leading tourist and business destination in West Africa. During the presentation of the 2027 Budget Statement and Economic Policy to Parliament on November 12, Finance Minister Dr Cassiel Ato Forson revealed that this investment would serve to transform Ghana's cultural heritage, historical attractions and its reputation for peace and democratic stability into a thriving tourism economy throughout the year.

The initiative, dubbed the "Black Star Experience," transcends the traditional festive season and will promote heritage tourism, ancestral journeys, family reunions, educational programs, and the creative arts. Prioritising year-round tourism activities, the government will introduce a national events calendar and destination-marketing strategy to draw visitors to various regions.

Dr Forson announced the restoration of Ghana's forts and castles along the coast, focusing on their historical significance and bolstering tourism infrastructure. This includes restoring museums, archives, multilingual interpretation services, and training conservators and tour guides. These historical sites will be connected to improved roads, hotels, public spaces, transport services, and local businesses.

Furthermore, the government aims to position Ghana as the preferred destination for international conferences and business tourism in West Africa. The SSNIT plans to construct and operate a modern international convention centre at the La Trade Fair Centre in Accra, which will serve as the country's principal international tourism and business hub.

Kumasi will be developed as a complementary destination for cultural, business, and major events. Additionally, a professional convention bureau is set to be established in 2027, attracting recurring African and international conferences.

The proposed investment is anticipated to bolster foreign exchange earnings, support creative businesses, and create employment opportunities across the nation.