
Finance Minister unveils national policy designed to build external reserves
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25th February 2026 5:47:53 PM
3 mins readBy: Abigail Ampofo

The Black Stars’ assistant coach, John Paintsil, is confident Ghana has the ‘men’ to advance to the final stage of the 2026 FIFA World Cup slated for June.
The last time the Black Stars went close to getting to the semi-finals was in 2010 when they reached the semi‑finals of a FIFA World Cup in South Africa.
16 years down the line, the team’s assistant coach is optimistic that the squad to represent Ghana this year are more experienced now.
Reflecting on past setbacks, including group-stage exits in Brazil 2014 and Qatar 2022, Paintsil believes the squad is now better prepared to compete in the latter stages of the competition.
“We have enough experience to be in the semi-finals or final of the 2026 World Cup,” he noted during an interview with 3Sports.
Ghana will open its campaign against Panama on June 17, 2026, face England on June 23, and conclude the group stage with a match against Croatia on June 27.
As part of their preparations, the Black Stars will regroup in March for international friendlies against Austria and Germany, before taking on Mexico ahead of the tournament.
Govt to sponsor some fans for the tournament
Sports Minister, Kofi Adams, announced a new twist in supporters' sponsorship by the government for the 2026 FIFA World Cup.
Ghana sealed their place at the 2026 World Cup with a hard-fought 1-0 victory over Comoros in their final Group I qualifier at the Accra Sports Stadium on Sunday, October 12, marking the country’s fifth appearance at football’s biggest tournament, which will be hosted in the United States, Mexico, and Canada.
Past governments have mostly offered some form of financial support, be it full or partial, for supporters who travel to attend the World Cup. However, it has become a challenge over the years due to financial constraints.
Consequently, in early November last year, Kofi Adams noted that, although it has been a long-standing practice, he “doesn’t recommend” it.
However, in a recent radio interview on Asempa FM’s Ultimate Sports Show in Accra on February 5, he acknowledged the tradition of sponsoring fans to support the Black Stars, adding that it is for that reason that his outfit has set up a fundraising committee.
“The policy that we should take for fans is clear. It is clear that we should work at it, and that is why we have set up a fundraising committee. The number we would take ultimately will depend on how much we raise,” he stated.
He explained that the government seeks to sponsor some Ghanaian fans for the 2026 World Cup so Ghana will have strong support at the tournament.
The government believes Ghana should not only be represented by its team but also by its fans. However, he detailed that the number of supporters will be heavily dependent on the funds available to the government.
He continued that, as part of the fundraising committee’s task, is to raise resources to cover travel and accommodation for supporters who will journey to back the Black Stars at the tournament.
He acknowledged, however, that the plan requires significant financial backing, prompting the government to appeal to the private sector and the general public for support.
“This is why we are appealing to corporate bodies, companies, mining firms and well-meaning individuals to come on board and support this initiative,” he said.
Earlier, Mr Adams explained his objection to the government funding supporters to the World Cup, citing the need for the government to prioritise investment in the country’s sports infrastructure instead of spending it on fan sponsorship.
“We are in a period of austerity. We need money to build sports infrastructure in Ghana. If we are going to spend money to transport supporters all the way to America, that same amount can build five multipurpose parks in some communities,” he stated.
While confirming that government funding is off the table, Mr Adams encouraged individuals and corporate organisations to step in.
“I believe there are a lot of Ghanaians in those areas. Anyone who wants to go should find their own resources; we can facilitate their travel documents. Or we can mobilise support from corporate bodies, both private and public, to assist the fans.
“Government can collaborate with corporations to support, which would be a good idea, but putting government money into the budget to take supporters, I don’t think so,” he added.
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