The Presidential Candidate for the National Democratic Congress (NDC), John Dramani Mahama, has outlined his proposed 24-hour Economy policy as a strategic intervention aimed at stimulating economic growth.

The policy is designed to create an environment where businesses and public institutions can operate continuously, in three shifts of eight hours each, thus enhancing productivity and fostering a dynamic economic climate.

Mahama described this innovative policy as an integrated framework intended to support businesses working around the clock.

It is structured to promote multi-sectoral development, with a focus on import substitution, export-led growth, and industrialisation.

According to Mahama, this approach will be key to transforming the Ghanaian economy and securing long-term prosperity for the nation.

The former president added that the 24-hour Economy policy promises to generate a wide range of benefits, including the creation of decent, sustainable, and well-paying jobs.

He argued that the policy would increase employment opportunities, boost productivity, and drive revenue growth, while also improving access to public services for all Ghanaians.

Mahama further emphasised that the successful implementation of the 24-hour Economy will rely on significant investments in crucial areas such as infrastructure, energy, and security.

These investments will be essential to ensuring the policy’s effectiveness and creating the necessary conditions for businesses and public services to operate seamlessly throughout the day and night.

Mahama expressed confidence that his proposed policy will not only revitalize Ghana's economy but also improve the standard of living for the population.

Presidential Candidate of the National Democratic Congress (NDC) John Dramani Mahama, has said that his proposed 24-hour Economy policy is a deliberate intervention to stimulate economic growth by creating an enabling environment for businesses and public institutions to operate 24/7, in three shifts of eight hours each.

He said this innovative policy represents an integrated framework designed to support businesses operating around the clock.

It is a comprehensive, multi-sectoral, import-substitution, export-led and industrialisation agenda to transform the Ghanaian economy and create decent, sustainable, well-paying jobs, Mr Mahama said.

He added that it promises increased employment opportunities, productivity, production, revenue, and enhanced access to public services. Implementing the 24- hour Economy Policy will be supported by strategic investments in infrastructure, security, and energy, among other things.

“To complement the existing labour law, an Employment Act that sets up a regulatory framework for a 24-hour economy will be passed in consultation with organised labour, AGI, and other stakeholders. We shall promote a good work ethic to ensure efficiency in the already existing 8-hour work schedule and new additional work shifts in public organisations."

“An Accelerated Export Development Authority (AEDA) chaired by the President will be established to promote exports under the 24-hour Economy strategy,” he said in a statement on his official website.