
The government will officially roll out its 24-Hour Economy initiative on Wednesday, July 2, 2025, marking a major step toward fulfilling a key campaign promise of the National Democratic Congress (NDC). The policy is designed to stimulate economic growth, reduce unemployment, and enhance productivity by promoting round-the-clock business operations across key sectors.
Policy Details and Implementation
Goosie Tanoh, Presidential Advisor on the 24-Hour Economy, confirmed the launch during the presentation of the final policy document to Speaker of Parliament Alban Bagbin last week.
“On Wednesday, July 2, the president will formally introduce the 24-Hour Economy and Accelerated Development Programme,” Tanoh stated.
The initiative encourages businesses, government agencies, and service providers to adopt extended or non-stop operating hours, creating more job opportunities and optimizing resource use.
Parliament Leads by Example
In a significant move, Speaker Bagbin announced that the Parliamentary Service will adopt the 24-hour model to improve efficiency and address staff shortages. This follows an adjustment in parliamentary sitting hours from 10:00 a.m. to 2:00 p.m., which has increased workloads for staff.
“Staff may now work from 8:00 a.m. to as late as 10:00 or 11:00 p.m., particularly in critical divisions,” Bagbin explained. “This will not only ease pressure on existing employees but also open up new job opportunities.”
He emphasized the heavy workload faced by parliamentary staff, calling the extended hours a necessary step toward operational improvement.
Economic and Employment Benefits
The 24-Hour Economy is expected to:
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Generate more jobs by requiring shift-based employment.
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Boost productivity by maximizing infrastructure and service availability.
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Enhance convenience for businesses and consumers through extended service hours.
The government has engaged stakeholders across industries, including healthcare, manufacturing, retail, and logistics to ensure smooth implementation.
Next Steps
The official launch on July 2 will outline sector-specific guidelines, incentives for businesses, and monitoring mechanisms to track progress.
Analysts suggest that if successfully implemented, the policy could significantly impact Ghana’s economic growth and employment rates, positioning the country as a leader in round-the-clock economic activity in West Africa.
Source: GhanaFeed.Com