Friday, 25 June

Finance, Tourism ministries sign GHS100m GhanaCARES Obaatanpa deal

Minister of Tourism Arts and Culture; Hon. Dr. Awal Mohammed [left] and Finance Minister; Hon. Ken Ofori-Atta [right].

The Ministries of Finance; and Tourism, Arts and Culture have signed a compact agreement under the Ghana Covid-19 Alleviation and Revitalisation of Enterprises Support (GhanaCARES) Obaatanpa programme worth GHS100,000,000.

The signing took place on Tuesday, 11 May 2021.

The Deputy minister-designate of Tourism, Arts and Culture, Mr Mark Okraku-Mantey, made this known on Facebook.

He indicated that “two out of eight compact agreements to be rolled out are with the Ministry of Tourism, Arts and Culture for an amount of One Hundred Million Ghana Cedis (GHS100,000,000.00) and the Ministry of Trade & Industry for an amount of Two Hundred and Eighty-Two Million Ghana Cedis (GHS282,000,000)”.

The compact is a partnership agreement between the Ministry of Finance, as the coordinating authority, and sector ministries, under the supervision of the Inter-Ministerial Coordinating Committee (IMCC) to ensure effective and timely delivery of targets set for the various ministries under the CARES programme for the 2021 fiscal year.