The government has announced a US$1 billion investment in tourism, culture and the creative arts as part of its four-year New Economy Programme aimed at transforming Ghana’s economy.
Presenting the 2027 Budget Statement to Parliament, the Finance Minister said the investment would position Ghana as a year-round tourism destination, generate foreign exchange, support creative enterprises and create jobs across the country.
He explained that Ghana’s rich history, cultural heritage and reputation for peace and democratic stability provide a strong foundation for developing the tourism industry.
According to him, the investment will build on the success of December tourism while introducing more activities throughout the year to attract international visitors.
The programme is expected to benefit artists, craftspeople, farmers, transport operators, hospitality businesses and other players within the tourism value chain.
The Minister said the ultimate goal is to turn Ghana’s heritage and creativity into thriving businesses, sustainable employment and increased economic opportunities.
