The Deputy Minister of Information, Fatimatu Abubakar has disclosed that the government is working assiduously to significantly increase tourism revenue contributions to the economy, targeting an impressive $5 billion per annum by the year 2025.
During an interview on Asaase Radio’s program, ‘The Forum,’ which aired on Saturday, January 13, the Deputy Minister emphasized the government’s commitment to leveraging the tourism sector for economic growth.
“It is estimated that by 2025 the contribution of tourism to the economy will be $5 billion per annum,” the minister stated.
Recent figures from Statista highlight the positive trajectory of Ghana’s travel and tourism sector, which contributed approximately $3.1 billion to the Gross Domestic Product (GDP) in 2021. This marked a significant increase from the $2.1 billion recorded in 2020, showcasing the sector’s resilience in bouncing back from the adverse effects of the COVID-19 pandemic.
The target, if achieved, would represent a doubling of the current value generated by the tourism industry within the next three years. The government’s strategy aims to capitalize on the sector’s momentum and unlock the full economic potential of Ghana’s tourism industry.