Ghana sets aside GH¢1m to establish Media Development Fund

The government of Ghana says it is setting aside an amount of GH¢1 million for the establishment of a Media Development Fund.

On September 9, 2011, Vice President John Mahama, who was the guest of honour at the 16th Ghana Journalists Association (GJA) awards held in Accra announced the government’s intention of setting up the fund.

Today, November 16, 2011 in Parliament, Finance Minister Dr Kwabena Duffuor who presented the 2012 budget statement, announced the allocation of the fund.

The Minister said the fund aims at improving the professional output and competence of media organizations and personnel in Ghana.

He noted that the fund would be administered by a Board of Trustees. He said donors and corporate organizations will be invited to contribute to the Fund.

By Ekow Quandzie