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Pres. Mahama Launches 24-Hour Economy as National Strategy to Drive Growth

President John Dramani Mahama has officially launched the 24-Hour Economy policy, announcing its transition from a campaign slogan to a comprehensive national strategy aimed at boosting productivity, creating jobs, and promoting inclusive economic growth.

Speaking at the official ceremony in Accra on Wednesday, President Mahama said the policy, once a symbol of political aspiration, has now become a cornerstone of his administration’s economic agenda.

“We have moved from slogan to strategy today. In 2024, the idea of a 24-hour economy captured national attention. It became a slogan of hope, a symbol that change was necessary and that it was possible,” he stated.

President Mahama emphasized that while the launch marks a significant milestone, the real challenge lies in execution.

“Our task now is to ensure that the necessary change is with the implementation. This launch is not the end, but it is the beginning of a massive national mobilisation,” he added.

Addressing public misconceptions, the President clarified that the 24-Hour Economy is not merely about longer working hours, but rather a broader effort to unlock Ghana’s productivity potential.

“Let me be clear here, the 24+ Agenda is not just about extending working hours. It is about unleashing productivity, expanding opportunities, [and] accelerating export through well-structured and inclusive interventions.”

The policy is designed to enable key sectors such as manufacturing, health, transport, retail, and ICT to operate around the clock—supported by enabling infrastructure, regulatory reforms, and catalytic public-private partnerships.

The 24-Hour Economy forms a core pillar of the Mahama administration’s economic vision, with expectations that it will:

  • Generate employment across all regions,
  • Attract domestic and foreign investment,
  • Enhance Ghana’s global competitiveness, and
  • Support economic resilience and innovation.

The initiative will be private sector-led, with government playing an enabling role and providing strategic support, including seed funding and infrastructure development.

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