24-Hour Economy Initiative Set to Launch on July 2
The Government of Ghana has announced the imminent launch of its pioneering 24-hour economy initiative, slated for Wednesday, July 2, 2025.
This bold endeavor, a cornerstone of the National Democratic Congress’s (NDC) campaign promises, seeks to tackle the pressing issues of unemployment and stagnant productivity by fostering a culture of continuous, round-the-clock economic activity.
According to Goosie Tanoh, Presidential Advisor on the policy, the final policy document was presented to the Speaker of Parliament on Thursday, June 26, signaling the government’s unrelenting commitment to implementing this groundbreaking program.
The 24-hour economy policy is built on three foundational pillars: transforming production, optimizing supply chain and market systems, and augmenting human capital.
These pillars are reinforced by eight strategic sub-programmes, including Roll 24, which aims to catapult agriculture into the modern era; Make 24, designed to propel industrial and manufacturing growth; Connect 24, focused on streamlining supply chains; and Aspire 24, a cultural paradigm shift geared towards instilling a productivity-driven national mindset.
A hallmark of this policy is the seamless integration of digital skills training into the Technical and Vocational Education and Training (TVET) curriculum, thereby empowering young Ghanaians with the skills requisite for emerging job opportunities.
Furthermore, the ‘Show Ghana’ initiative will showcase the country’s rich cultural heritage, serving as a catalyst for tourism and foreign revenue generation.
Speaker of Parliament Alban Bagbin, while welcoming the initiative, prudently advised the government to seek legislative backing to ensure the policy’s long-term viability.
He recommended that the 24-hour Economy Secretariat collaborate with lawmakers to draft a bill that would institutionalize the program, guaranteeing its continuity beyond the tenure of the current administration.
Undoubtedly,as Ghana launches this innovative economic framework, the country is positioned to unlock unprecedented opportunities for growth, productivity, and development, heralding a new era of economic prosperity.
