Government will today, Wednesday, July 2, officially launch its much-anticipated 24-Hour Economy policy—an ambitious initiative aimed at revolutionising national productivity and creating thousands of new jobs.
The policy, which forms a central part of the National Democratic Congress (NDC)’s manifesto, seeks to encourage continuous, shift-based operations across critical sectors such as manufacturing, agro-processing, healthcare, transportation, and retail. Described by government officials as a “game changer,” the policy will offer incentives including tax reliefs, reliable electricity, and enhanced security for businesses participating in the programme.
Presidential Advisor on the 24-Hour Economy, Goosie Tanoh, is expected to lead the official presentation of the policy later today.
According to details previewed ahead of the launch, the policy is anchored on three main pillars: transforming production, improving supply chains and market systems, and strengthening human capital.
Eight strategic sub-programmes—such as Grow24 for agriculture, Make24 for industry, Connect24 for logistics, and Aspire24 for productivity—will drive the implementation, alongside initiatives like “Show Ghana,” aimed at promoting culture-driven tourism and youth employment through digital skills integration into TVET education.
Speaker of Parliament Alban Bagbin has already expressed his endorsement of the initiative but cautioned that without legal backing, its sustainability could be jeopardised by political transitions.
He called on the 24-Hour Economy Secretariat to work with Parliament to draft legislation that will institutionalise the policy.