Ghana News & Trends

Mahama outlines ambitious plan for his 24-Hour economy in Ghana

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The opposition National Democratic Congress (NDC) presidential candidate has reaffirmed his dedication to bringing about a 24-hour economy in Ghana.

By allowing firms to run three shifts a day, seven days a week, the bold idea seeks to completely change the economic landscape of the nation.

John Mahama outlined the main goals of the strategy in a thorough post on his official Facebook page: to make Ghana self-sufficient and promote growth focused on exports.

To realize this vision, Mahama underlined the necessity of strong cooperation between the public and commercial sectors.

In response to the problem of unemployment, especially among young people, Mahama presented measures to generate new jobs.

To encourage firms to work around the clock, new legislation, such as labor rules and tax incentives, are among the recommended initiatives.

The government intends to enact advantageous tax laws, stimulus packages, and financial aid to ease the transition, with an emphasis on particular sectors like manufacturing and agro-processing.

One of the main goals will be to encourage the use of regional goods and services, and steps will be taken to guarantee that the 24-hour economy runs smoothly.

Mahama underlined how vital it is to maintain the initiative’s cleanliness, sanitation, security, and environmental protection.

To lessen traffic and delays, banking services at the ports will also be available around the clock.

The initiative’s main objectives are to raise productivity, create jobs, raise living standards, assist several industries, and give residents more convenience.

The public is waiting for further information on this revolutionary agenda’s actual implementation and possible effects on Ghana’s economy, even as Mahama continues to support it.

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