Government releases GH¢5m of GH¢20m film fund budgetary allocation

The government has disbursed GH¢5 million out of the GH¢20 million earmarked for the Film Development Fund, partially fulfilling its pledge to support Ghana’s film industry financially.

According to the Executive Secretary of the National Film Authority (NFA), the amount has already been transferred into the Authority’s account.

During the presentation of the 2026 Budget Statement on November 13, 2025, Finance Minister Cassiel Ato Forson announced the allocation of GH¢20 million as seed funding aimed at revitalising Ghana’s film sector, including Kumawood and other industry groups.

Speaking to Myjoyonline.com after the official launch of the Film Development Fund on May 20, 2026, the Executive Secretary confirmed that the government had so far released GH¢5 million from the total commitment.

The Film Development Fund is designed to help rejuvenate the local film industry by supporting research, professional training, infrastructure expansion, and funding for qualified projects.

Key details about the Film Development Fund include:

1. The funding is not a grant.
   Recipients are expected to repay the money provided for their projects, meaning it is not free financial assistance.
2. Not all filmmakers will qualify.
   Only selected filmmakers and approved project types will be eligible for support.
3. The fund operates under a legal mandate.
   Under the Film Act, the fund is intended to support the production and development of feature films, short and medium-length films, television productions, public education content, cinema infrastructure, and promotional activities for films.
4. Research and skills development are included.
   Part of the fund will go toward research initiatives and the training of film industry professionals in both public and private institutions.
5. Administrative costs will also be covered.
   A portion of the fund will be used for operational and management expenses.
6. Applicants must meet industry requirements.
   Eligible applicants include filmmakers, producers, distributors, marketers, cinema developers, television practitioners, and production companies.
7. Membership in recognised associations is required.
   Applicants must belong to recognised professional groups such as the Actors Guild, Film Producers Association of Ghana (FIPAG), Ghana Academy of Film and Television Arts (GAFTA), the Film Directors Guild of Ghana, or other approved industry bodies.
8. Tax compliance is compulsory.
   Applicants must possess a Tax Identification Number (TIN), comply with tax obligations under the Ghana Revenue Authority Act, and hold valid licensing from the National Film Authority.
9. Funding support has a limit.
   The Board may approve funding of up to 60% of a project’s total estimated budget.
10. Industry players are expected to contribute.
    Film practitioners and businesses regulated by the NFA will pay levies to help sustain and grow the fund, as required under Act 935.

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