President Mahama touts jobs-creation potential of 24-hour Economic Policy | By Obed Andoh| In a bold move to revitalize Ghana’s economic landscape, President John Dramani Mahama has announced plans to implement a groundbreaking 24-hour economy. This innovative strategy seeks to establish a vibrant economic environment anchored in agriculture and agribusiness, with the overarching goal of creating jobs for the nation’s youth.
Mahama envisions a dynamic Ghana where markets thrive around the clock, fostering an atmosphere of continuous commerce. The proposed 24-hour economy is designed to unlock the country’s untapped potential, allowing citizens to harness their creativity and energy. “Imagine a Ghana where the entrepreneurial spirit flourishes at all hours, with responsive public services supporting businesses that operate flexibly to meet the needs of diverse consumers,” he said during his inaugural speech in Accra on January 7, 2025.
The initiative is particularly focused on empowering young people, who will benefit from an array of new opportunities previously hindered by traditional economic limitations. By facilitating a round-the-clock economy, Mahama aims to bolster job creation, providing a fresh influx of employment options for the nation’s youth. The initiative promises not only to stimulate local industries but also to attract foreign investment, which is essential for sustainable economic growth.
In addition to creating jobs, the 24-hour economy model is expected to foster resilient communities by encouraging a more inclusive economic framework. “We want every Ghanaian to feel empowered to contribute to our national progress,” Mahama emphasized, highlighting the government’s commitment to ensuring that all citizens play a role in the country’s future development.
The policy represents a significant shift from traditional economic practices, where businesses often operated limited hours and opportunities for innovation and growth were constrained. By embracing a 24-hour operational framework, President Mahama hopes to create a more responsive and adaptive economy, particularly appealing to young entrepreneurs eager to explore new ventures.
According to President Mahama, this ambitious policy is not merely a reaction to existing economic challenges but rather a proactive approach to shaping a sustainable future for Ghana. By implementing the 24-hour economy, Mahama aims to position Ghana as a beacon of potential in West Africa, fostering a vibrant environment where both local and international businesses can thrive.
President Mahama touts jobs-creation potential of 24-hour Economic Policy
