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2027 Budget: Gov’t targets 250,000 jobs through US$500m oil palm programme

Government plans 100,000 hectares of new oil palm plantations to boost local production, agro-processing and exports.

2027 Budget: Gov’t targets 250,000 jobs through US$500m oil palm programme

The Government has allocated a substantial GH¢782 million to the Ministry of Sports and Recreation for the 2027 Budget, as announced by Finance Minister Dr Cassiel Ato Forson on Thursday, November 12 during the presentation of the 2027 Budget Statement and Economic Policy to Parliament. The allocation aims to bolster sports development and enhance the welfare of athletes and stakeholders across the sector.

Dr Forson stated that the funds will support diverse interventions to improve sports infrastructure, foster grassroots participation, and create sustainable opportunities for talent development. Key among these initiatives is the proposed construction of ten multipurpose sports stadia in underdeveloped regions nationwide. These facilities are anticipated to have seating capacities between 5,000 and 12,000, thereby increasing access to modern sporting venues for various communities.

Furthermore, the Government plans to finalize the National Sports Policy and its implementation framework, finalize regulations under the Ghana Sports Fund Act 2025 (Act 1159), and conduct a review of the Sports Act 2016 (Act 934). Additionally, efforts will be made to strengthen structured school and grassroots sports programs, with the goal of enhancing talent identification and establishing clearer pathways for athlete development.

The GH¢782 million allocation signifies a considerable government commitment to the sector, with its overall impact contingent upon the effective distribution and implementation of the funds across various programs. The specifics of the allocation towards infrastructure development, national team support, athlete welfare, and the organization of sporting events will be instrumental in determining the extent to which this investment translates into meaningful improvements in Ghanaian sports.

Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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