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  • Writer's pictureNana yaw Dynamic

‘Broke’ Ghana budgeted $8.5M when Zambia approved $2.1M for 2023 AFCON – Ablakwa

North Tongu's Member of Parliament, Samuel Okudzeto Ablakwa, has enlisted his spleen over the government’s gross use regardless of being in the red misery, as verified by the International Monetary Fund (IMF).

In his new exposure, Mr. Ablakwa featured that the government dispensed a significant amount of US$8,506,450 for the Black Stars' involvement in the ongoing African Cup of Nations (AFCON) in Ivory Coast.

Should Ghana not have been prematurely kicked out from the AFCON competition and won the current year's prize, the Black Stars would have earned $7 million.

For Mr. Ablakwa, the government's intention to spend more than the tournament would generate is beyond logic. Additionally, Zambia's approval of a total budget of only US$2.1 million for its national team irritates him.

"This weighty US$8.5million converts into a monster GHS105million at current trade. Note that the GHS105 million is altogether different from the GHS27.9million spent on the qualifiers. The legislator from North Tongu wrote, "This means that even if the Black Stars had won the trophy, the public officials who put together this budget were determined to ensure that Ghana made losses of more than US$1.5 million."

Mr. Ablakwa referred to an intercepted letter from the Ministry of Youth and Sports dated January 2, 2024, requesting a portion payment of US$5,071,840.36 from the total US$8,506,450.00 budget for Black Stars.

On behalf of the Minister, Hon., the Chief Director of the Ministry of Youth and Sports, Mr. William Kartey, signed the disputed request letter. Mustapha Ussif, he added.

"A difficult expansion to the shocking GHS105million financial plan is that it didn't ensure a positive outcome on the pitch all things considered. Mr. Ablakwa went on to say, "It would be interesting to know what thought processes went into a frightening budget of US$8.5 million for a bankrupt country that has defaulted on its loans and is desperately seeking an IMF bailout."


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