Sadiq Abdulai explains how Creative Industry can fetch Ghana the $3 billion gov’t needs from IMF


If we’re doing properly, we’ll contribute extra to the federal government. Let me provide you with an instance. In direction of the top of final yr, the federal government mentioned our GDP, the highest three contributions to our GDP, have been tourism, arts, and tradition,” he mentioned.

Baba Sadiq referred to a press release by the federal government in the direction of the top of final yr, which recognized tourism, arts, and tradition as the highest three contributions to the nation’s GDP, adopted by hydrocarbon or hydroculture assets.

Quantity three, they mentioned we’ve got hydrocarbon or hydroculture assets. Quantity three is our trade. On the time the president was speaking about our trade, he talked about that in 2025 he believes or has an intention to let the inventive trade have the ability to churn out a 5 billion greenback contribution to the nation,” he added.

He emphasised that the inventive trade was third on the checklist and had the potential to contribute as much as $5 billion by 2025. He additional famous that the preparations for the trade ought to be powered to make it profitable.

How a lot do we’d like from the IMF to rearrange every part? It isn’t three billion {dollars}. Now if the inventive trade has the potential to generate 5 billion {dollars} by 2025, what does that let you know? That is an trade that can not be toyed with. That is an trade whose preparations have to be powered to make it good,” he said.

The media character additionally highlighted the potential of the inventive trade to create sustainable livelihoods for individuals. He identified that multimedia, as a part of the inventive trade, employed virtually 1,000 individuals straight in Kumasi and elsewhere and not directly employed one other 1,000.

Individuals do not perceive as a result of simply multimedia as part of the inventive trade employs virtually 1,000 individuals in Kumasi and elsewhere, and not directly, I am certain you’ll make use of one other 1,000. Who has sustainable livelihoods? Which authorities would not need to collaborate with the non-public sector to create jobs for a lot of?” he talked about.

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