24-Hour Economy policy to be launched today

Ghana’s long-anticipated 24-Hour Economy policy will be officially launched today, Wednesday, July 2, in a bold effort to drive economic transformation, enhance productivity, and tackle unemployment through round-the-clock operations in key sectors.

The initiative—flagship among the National Democratic Congress (NDC)’s manifesto promises—is designed to encourage continuous, shift-based work in industries such as manufacturing, agro-processing, healthcare, transportation, and retail.

Described by the government as a “game changer,” the policy is expected to create thousands of new jobs, increase national output, and unlock value across supply chains. Companies that enroll in the programme will benefit from tax incentives, access to stable electricity, and enhanced nighttime security.

Goosie Tanoh, Presidential Advisor on the 24-Hour Economy, outlined the framework of the policy at the launch event, noting that it is built on three core pillars: transforming production, improving supply chains and market systems, and strengthening human capital.

“These foundational anchors are supported by eight strategic sub-programmes,” he said.

Among the sub-programmes are:

• Grow24 – focused on agricultural modernisation
• Make24 – supporting industrial and manufacturing growth
• Connect24 – improving logistics and supply chain systems
• Aspire24 – promoting a national culture of productivity

A significant component of the policy is the integration of digital skills into the Technical and Vocational Education and Training (TVET) system to prepare youth for emerging job opportunities. The “Show Ghana” initiative was also announced to leverage the country’s cultural heritage for tourism and foreign revenue generation.

Speaker of Parliament Alban Bagbin, who responded to the presentation, expressed support for the programme but urged the government to seek legislative backing to ensure its sustainability.

He called on the 24-Hour Economy Secretariat to work with Parliament to draft and pass a bill that would institutionalise the policy and protect it from being discontinued under future administrations.

The July 2 launch signals what the government describes as the beginning of a “new economic era” aimed at transforming Ghana’s labour dynamics and unlocking long-term inclusive growth.

Source: citinewsroom