In a bid to propel Ghana’s economic growth and foster a more dynamic environment, former President John Dramani Mahama has unveiled a visionary 24-hour economy policy. Positioned as a cornerstone of his economic vision, this policy aims to revolutionize Ghana’s economic landscape and create sustainable job opportunities for its citizens.
The Mahama 24-hour economy policy is strategically designed to extend business operating hours beyond traditional constraints, promoting flexibility and productivity. With a focus on modernizing and mechanizing agriculture, incentivizing private sector growth, and boosting agro-processing and manufacturing, the policy seeks to transform Ghana into an import-substitution and export-led economy.
By reducing the cost of doing business and enhancing productivity, participating businesses are poised to gain a competitive edge and scale up production. Moreover, the policy’s emphasis on consumer flexibility could potentially drive increased consumer spending and stimulate economic activity nationwide.
President Mahama envisions the 24-hour economy policy as a catalyst for Ghana’s global competitiveness, attracting foreign investment and spurring business expansion. Furthermore, the availability of essential services such as healthcare, transportation, and security round the clock promises improved service delivery and accessibility for all Ghanaian citizens.
Crucially, the policy addresses the pressing issue of unemployment, particularly among the youth, by fostering economic growth and creating job opportunities across various sectors. With the December 7 election looming, President Mahama urges support for his vision and parliamentary candidates who champion this transformative policy, envisioning a prosperous future for Ghana.
