The Ghana Olympic Committee (GOC) has applauded the passage of the Sports Fund Bill, calling it a landmark initiative that will address the longstanding funding challenges in the country’s sports sector.
The Committee believes the Fund represents a pivotal step toward ensuring stability, fostering growth, and enhancing Ghana’s competitiveness on the international sports stage.
President of the GOC, Richard Akpokavie Esq., described the initiative as a bold, forward-looking move that will fundamentally change how sports are financed in Ghana.
He stressed that consistent and dedicated funding has long been the missing link in Ghana’s quest for sporting excellence.
“Just as the Value Added Tax has become a reliable pillar for funding critical national interventions, the Sports Fund will serve as a dedicated and dependable stream of support for the development of sports in Ghana,” he stated. “This is not just about funding competitions; it is about building systems, investing in talent, and creating opportunities for future generations.”
According to the GOC President, chronic underfunding has over the years stifled progress across several sporting disciplines, affecting athlete preparation, infrastructure development, technical training, and grassroots programmes.
He noted that with the establishment of the Fund, federations will now be better positioned to plan strategically, implement long-term development programmes, and provide improved welfare for athletes.
The Committee emphasised that National Federations stand to benefit significantly from the Fund, as it will strengthen their operational capacity and enhance their ability to prepare athletes for major continental and global events.
The GOC believes this renewed financial backing will ultimately translate into improved performances for Ghana on the international stage.
The GOC also commended the Minister for Sports and Recreation, Hon. Kofi Iddie, for his leadership and commitment in ensuring the successful passage of the Bill.
The Committee acknowledged the Minister’s collaborative approach and determination in seeing the initiative through to fruition, describing his efforts as instrumental in delivering this important milestone for Ghana sports.
“This achievement demonstrates what can be accomplished when there is vision, partnership, and decisive leadership,” the GOC added, expressing optimism that the Sports Fund will usher in a new era of accountability, transparency, and excellence within the sporting ecosystem.
Source:
www.graphic.com.gh