• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Showbiz General Entertainment 201303

GH¢ 3Million For Creative Arts Is Unrealistic And Confusing

22-Mar-2013
/ General Entertainment, Showbiz
Email
Print
Comments 0
Seth Terkper,Ministry of Finance and Economic Affairs
(0)
Comments
Share on Facebook Share on Twitter
 

The budget amount of GHC 3,000,000 captured in the 2013 budget statement by the Ministry of Finance and Economic Affairs for the creative sector is unrealistic and confusing.

We all recall the government of Ghana budgeted for GHC 2,000,000 for the creative arts industry in the 2012 fiscal budget which later created needless hubbub for the entire showbiz industry. The reason MUSIGA gave to all of us is that the GHC 2,000,000 was actually meant for a research project to ascertain the contribution of the music industry to Ghana's Gross Domestic Product (GDP), though MUSIGA had earlier presented a budget of GHC5, 000,000 to the Ministry of Finance and Economic Affairs. In this year's fiscal budget for the country, the government budgeted GHC3, 000,000 for the creative sector.

This amount is unrealistic and inconsistent to nous, because when we did not have any ministry for the creative industry, an amount of GHC 2,000,000 was budgeted for just a research project. Now that a ministry has been created which has all the sub-fields of the arts – music, movies, painting, publishing, fashion, modeling, theatre, poetry, sculpturing, etc under it, a Lilliputian amount of GHC 3,000,000 has been budgeted for us.

If MUSIGA alone could present a whooping budget of GHC 5,000,000 to the Ministry of Finance and Economic Affairs as at the time we did not have a ministry for the creative arts in 2012; then it does not make sense for GHC 3,000,000 to be budgeted for the creative sector in 2013 that has a whole Ministry of Tourism, Culture and Creative arts. Meanwhile, this same ministry has tourism and culture under it to cater for.

The series of germane questions worth asking are: is the GHC 3,000,000 meant for only the creative sector as ambiguously stated in the fiscal budget by the Ministry of Finance and Economic Affairs? Or is the GHC 3,000,000 budget meant for the whole Ministry of Tourism, Culture and Creative arts? Which inputs did the Ministry of Finance and Economic Affairs use as its basis to budget for the creative arts industry? Did all the sub-fields of the creative arts industry submit inputs to the Ministry of Finance and Economic Affairs to enable them budget for the creative arts industry?

I have already expressed my opinion that the Ministry of Finance and Economic Affairs goofed as far as national budgeting is concerned, thus, using only inputs from MUSIGA to draft a budget for the entire creative arts industry in 2012. In the principles of budgeting, it is wrong to do so. One input or parameter cannot be used or relied upon to draft a budget for a whole cost center like the creative arts industry because its sub-fields are many.

I did my possible best to book an appointment with the Minister of Finance and Economic Affairs, Mr. Seth Tekpe for clarity on this observation but the bureaucracy could have delayed me for press. If our own minister Mrs. Elizabeth Ofosu-Agyare can offer us explanations or the Minister of Finance and Economic Affairs happens to read this piece, we plead for his attention and clarity.



Source: Osarfo Anthony

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Top Stars Register Their Presence Ahead of Tuface And Annie’s Wedding

Next Post

Nicholas Amane Acheampong Made Ambassador

 
 

More Stories

Gospel Musician Great Ampong Narrates How His "Beef" With Daddy Lumba Began On 'Entertainment Review'
Last Year Was Very Amazing —James Gardiner
Only Lazy Persons Will Spend One(1) Hour Watching Television – Actor Yaw Dabo
My Children Might Continue This Fight After I'm Dead - Says Ampong
CEO Of Givers Herbal Centre Resolves Daddy Lumba, Ampong Beef
Herty Corgie Drops ‘I Will Testify’ Ahead Of ‘Overflow Experience’ Concert In Ghana
Living In The US For Over Two Years Has Made Me Deeply Frustrated - Says Nollywood Actress Omotola
Following Right Path Hard And Full Of Tears - Lydia Forson
Scientist Confirm Most Handsome Man In The World - PHOTO
Next Post

Nicholas Amane Acheampong Made Ambassador

  Ghana Entertainment News

  • General News
  • Music
  • Radio/TV
  • Movies
  • Pageants
  • Talent Hunts
  • Fashion


 
 

Other General Entertainment Stories

  • Gospel Musician Great Ampong Narrates How His "Beef" With Daddy Lumba Began On 'Entertainment Review'

  • Last Year Was Very Amazing —James Gardiner

  • Only Lazy Persons Will Spend One(1) Hour Watching Television – Actor Yaw Dabo

  • My Children Might Continue This Fight After I'm Dead - Says Ampong

  • CEO Of Givers Herbal Centre Resolves Daddy Lumba, Ampong Beef

  • Herty Corgie Drops ‘I Will Testify’ Ahead Of ‘Overflow Experience’ Concert In Ghana

  • Living In The US For Over Two Years Has Made Me Deeply Frustrated - Says Nollywood Actress Omotola

  • Following Right Path Hard And Full Of Tears - Lydia Forson

  • Scientist Confirm Most Handsome Man In The World - PHOTO

  • I’m Tired Of S3x & Money, My Next Sugar Daddy Should Be Able To Invest Intellectually In Me – Deborah In New VIDEO

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (24/01/2023)

Peace Power Sports (24/01/2023)

Peace Power Sports(25/01/2023)

Akan News @ Midday On Peace 104.3 FM (24/01/2023)

Kokrokoo Live On Peace 104.3 FM (24/01/2023)

Kokrokoo Live On Peace 104.3 FM (25/01/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media