Parliament has passed the 24-Hour Economy Authority Bill, 2025, clearing the way for the implementation of one of the flagship economic policies of President John Mahama’s administration.

The bill was approved after several days of debate on the floor of the House, with contributions from both the Majority and Minority caucuses. It was first presented to Parliament towards the end of 2025.

The legislation seeks to transform Ghana’s economy into a system that operates around the clock. It provides for the creation of a 24-Hour Economy Authority, which will act as the main coordinating body for the policy’s rollout across the country.

Under the new law, the Authority will be responsible for bringing together public and private sector efforts, attracting investment and ensuring that the required regulatory and infrastructure frameworks are in place to support continuous economic activity.

The 24-hour economy policy was a central promise of the National Democratic Congress during the 2024 general elections. Government has described it as a key strategy for boosting productivity, creating jobs and accelerating economic growth.

The bill, however, sparked concerns during parliamentary debates. Members of the Minority caucus cautioned that operating an economy around the clock could raise security risks and inconvenience the public if proper safeguards are not introduced.

In response, the Majority caucus maintained that the policy’s advantages outweigh the concerns. They assured the House that appropriate security arrangements and regulatory measures would accompany the implementation.

With the passage of the bill, the government can now move ahead with establishing the 24-Hour Economy Authority and begin the processes required to put the policy into action.