Government commits GH¢20 Million to Creative Arts Fund to power cultural economy

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Dr Cassiel Ato Forson

Government has quietly put money where talk often goes by creating a Creative Arts Fund and seeding it in the 2026 budget.

The Finance Minister, Dr Cassiel Ato Forson, told Parliament that the fund will receive GH¢20 million as startup capital to support music, fashion, visual art, culinary creative industries and the wider value chains that sustain them.

“We will also establish the Creative Arts Fund for the arts, music, fashion, food and other creative sectors,” he said.

 

The idea is practical and immediate. A dedicated pool of public capital can be used to underwrite small production grants, finance artist training and technical upgrades, support market access initiatives and help creative small businesses professionalise their operations.

 

Dr Ato Forson framed the move as part of a strategy to turn culture into growth and jobs rather than a fringe activity.

For creatives this matters, as years of irregular funding and weak market infrastructure have left many talented musicians, designers, chefs and visual artists without predictable revenue streams.

 

Seed funding can cover the kind of early risk that private investors avoid. If directed toward production, distribution, export promotion and incubation hubs, the fund could open doors to new commercial partnerships and tourism opportunities.

The success of the Fund will depend on clear rules and strong governance.

 

Past commitments to the creative economy have sometimes stalled because of unclear oversight, short-lived programmes or weak measurement frameworks.

Stakeholders are likely to demand transparent disbursement criteria, an independent board with creative sector expertise and a monitoring system that tracks job creation and revenue from supported projects.

 

Credit: myjoyonline.com

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