The Government of Ghana has officially announced that its highly anticipated 24-hour economy initiative will be launched on Wednesday, July 2, 2025.
This was confirmed by Goosie Tanoh, the Presidential Advisor on the policy, during the submission of the final policy document to the Speaker of Parliament on Thursday, June 26.
“On Wednesday the 2nd of July, His Excellency President Mahama will launch the 24-hour program on Accelerated Export Development,” he declared.
The 24-hour economy, a flagship promise of the National Democratic Congress (NDC) during the 2024 elections, seeks to address unemployment and enhance productivity by fostering continuous economic activity around the clock.
Tanoh highlighted that the policy rests on three core pillars that is “Production Transformation, Supply Chain and Market Efficiency, and Human Capital Development.”
These pillars are supported by eight strategic sub-programmes, he explained “those anchors are supported by eight sub-programs. Grow24, which is an agricultural component, Make24, which is a manufacturing component, Connect24 which is a supply chain component, Aspire24 which is a mindset change, the resetting of the Ghanaian, equipping the Ghanaian worker, Ghanaian bureaucracy, with a strong and powerful attitude to productivity and to work skills. Because without that, we cannot achieve the design of reset.”
“That is the ambition of all of us in the country,” he was quick to add.
He also indicated that the policy also features the ‘Show Ghana’ initiative, which aims to showcase the nation’s cultural heritage to boost tourism and foreign exchange earnings.
He emphasized “The show Ghana is about a rich, diverse culture that we as a country possess, and which identifies us as who we are, and also establishes our historical legacy, and the importance of that legacy to our diaspora, and also in terms of the various, and most powerful cultural forms, both literary, both in terms of dance, in terms of food.”
Speaker of Parliament Alban Bagbin welcomed the initiative but urged the government to seek legislative backing to ensure the policy’s sustainability.
He called on the 24-hour Economy Secretariat to work closely with Parliament to draft a bill that would institutionalize the programme, guaranteeing its continuation beyond political transitions.
He remarked “We need everybody on board. Once we start categorizing this matter, either on partisan, or religious, or ethnic, or whatever basis, then we have to cut it. We have to make it a national program. One of the things I will proposeis the fact that after the launch, it must be presented to the people’s representatives to give the official term of approval.
“Which means that we have to have the opportunity to debate it and approve. Then get the value of all the organs of government. Also, I’m excited about the fact that the 24-hour economy hasn’t just been a campaign promise, but also being implemented.”
Source :www.kumasimail.com /Kwadwo Owusu
