24-Hour Economy Implementation on Track – Kwakye Ofosu

Ghana’s 24-Hour Economy Policy: Steady Progress Underway

The Minister of State in charge of Government Communications, Felix Kwakye Ofosu, has announced significant progress in the implementation of Ghana’s 24-hour economy policy. This flagship initiative, a key promise of the National Democratic Congress (NDC) during the 2024 elections, aims to transform Ghana’s economy into a round-the-clock operation to boost productivity, create jobs, and drive economic growth.

What is the 24-Hour Economy Policy?

The 24-hour economy policy is designed to ensure that businesses and key sectors operate non-stop, maximizing efficiency and creating opportunities for workers across various shifts. President John Dramani Mahama has appointed Goosie Tanoh to lead a dedicated team tasked with rolling out this ambitious initiative.

According to Kwakye Ofosu, the policy remains a top priority for the government, with the potential to revolutionize Ghana’s economic landscape. For more details on government policies, visit the Government of Ghana official website.

Progress So Far

Speaking to the media after the first cabinet meeting of the Mahama administration, Kwakye Ofosu revealed that substantial groundwork has already been laid. Goosie Tanoh briefed the cabinet on the preparations, highlighting the extensive work done to ensure a smooth rollout.

“Mr. Goosie Tanoh’s briefing left no doubt that tremendous effort has gone into this transformative plan,” Kwakye Ofosu stated. “The 24-hour economy secretariat will soon engage the media to update Ghanaians on the progress made.”

This update underscores the government’s commitment to transparency and public engagement. For the latest updates on economic policies.

Why is the 24-hour Economy Important?

The 24-hour economy policy is expected to:

1. Boost Productivity: By enabling businesses to operate continuously, the policy will maximize output and efficiency.
2. Create Jobs: Extended operating hours will generate employment opportunities across various sectors.
3. Stimulate Economic Growth: A non-stop economy will attract investments and enhance Ghana’s global competitiveness.

For insights into how similar policies have succeeded globally, check out this World Bank report.

What’s Next for the Policy?

The 24-hour economy secretariat, led by Goosie Tanoh, is working diligently to ensure a seamless implementation. The team plans to engage the media and the public to provide regular updates and gather feedback.

Kwakye Ofosu emphasized that the government is committed to delivering on its promise to transform Ghana’s Stay Informed and Engaged

The 24-hour economy policy represents a bold step toward economic transformation. If you’re passionate about Ghana’s development, stay informed by following updates from the Ministry of Information and participating in public discussions about the policy.