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Chief of Staff urges stronger financial sector to drive gov’t’s 24-Hour Economy Agenda

“A 24-hour economy requires a 24-hour financial system,” he said, stressing that institutions like Republic Bank Ghana must spearhead efforts to develop products and services tailored to continuous economic activity.

Kumasi Mail by Kumasi Mail
November 17, 2025
in Business
0
Chief of Staff urges stronger financial sector to drive gov’t’s 24-Hour Economy Agenda
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Chief of Staff Julius Debrah has called for a more resilient and innovative financial system to support Ghana’s proposed 24-hour economy, emphasizing that banks must align their services with the demands of round-the-clock business operations.


Speaking at the inauguration of Republic Bank Ghana’s new headquarters on Friday, Mr. Debrah noted that the success of a 24-hour economy hinges on a responsive financial infrastructure capable of meeting the needs of businesses operating beyond conventional hours.

“A 24-hour economy requires a 24-hour financial system,” he said, stressing that institutions like Republic Bank Ghana must spearhead efforts to develop products and services tailored to continuous economic activity.

He commended the bank for its sustained investments in Ghana’s financial sector and encouraged it to lead the rollout of flexible, technology-driven solutions. Such services, he explained, would support enterprises of all sizes and help them participate fully in the evolving economic model.

Mr. Debrah reiterated the government’s commitment to creating a conducive environment for financial institutions to expand digital services, improve payment systems, and enhance support for small and medium-scale enterprises—key measures aimed at stimulating broader economic growth.

The ceremony attracted senior government officials, banking leaders, and industry stakeholders, who expressed confidence that the new Republic Bank headquarters will boost the bank’s operational capabilities and strengthen its role in Ghana’s economic transformation.

Source: www.kumasimail.com

Tags: 24-Hour EconomyChief of Staff Julius Debrahtopstory
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