Budget 2019: Gov't to provide seed capital for national cathedral

Budget 2019: Gov't to provide seed capital for national cathedral

- Government would provide seed money for national cathedral project

- A fundraising ceremony would be launched in Ghana and the United States of America

Finance Minister Ken Ofori-Atta, during his delivery of the 2019 budget statement in parliament, revealed that government will provide the seed capital for the construction of the national cathedral

He however was unable to state the amount of money government would commit as seed money to the project.

“The state is facilitating this process by providing the land, the secretariat, and seed money for the preparatory phase.”

Budget 2019: Gov't to provide seed capital for national cathedral

Budget 2019: Gov't to provide seed capital for national cathedral
Source: UGC

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The finance minister mentioned that funds will be raised by the government to help complete the project.

According to him, this will take away any toll the project would have on the country’s finances.

The funds will be raised in Ghana and the United States of America in December 2018 and February 2019 respectively.

As part of events to mark the 60th anniversary celebration of Ghana, President Nana Akufo-Addo cut the sod for the construction of the national cathedral .

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The said cathedral is supposed to be build on 14-acres of public land, which would be provided by the government.

Ghanaians however did not like the idea of putting up a national cathedral and described the initiative as a rather misplaced priority, as government could channel that money to developing other sectors that are lagging behind in terms of development.

Deputy Minister of Information, Pius Enam Hadzide, in defense of his government earlier indicated that the money for the building of that cathedral will primarily be funded by voluntary contributions from the Christian community, philanthropists and with grants from development partners.

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