Utilisation of Cultural Medallion Fund Entitlements
Ministry of Culture, Community and YouthSpeakers
Transcript
47 Ms Usha Chandradas asked the Minister for Culture, Community and Youth (a) what is the dollar amount of the Cultural Medallion (CM) Fund entitlements that remain unutilised, by both living and deceased past winners of the CM; and (b) what are the reasons why such CM Fund entitlements remain unutilised.
Mr Edwin Tong Chun Fai: Of the total $9.4 million awarded to Cultural Medallion (CM) recipients since 2001, $3.4 million remains unutilised as at January 2024.
Reasons that CM Fund entitlements remain unutilised include recipients being in the process of conceptualising projects or recipients having no concrete plans yet. To increase the Fund utilisation, the National Arts Council supports and works closely with CM recipients who are still conceptualising their projects on the use of their CM Fund entitlements.