Audio By Carbonatix
Former Finance Minister and Member of Parliament for Karaga, Mohammed Amin Adam, has criticised the government’s 24-hour economy policy, describing it as a slogan without a clear implementation strategy.
According to him, attempts to force public institutions to operate around the clock without recruiting additional staff demonstrate a flawed approach to the policy.
“The 24 hour economy remains a slogan. I have observed a pattern where government is forcing public agencies to operate 24Hrs without increasing staff. A public sector approach to this policy is fundamentally flawed,” he stated.
Dr Amin Adam argued that expectations that the policy would create jobs through the public sector were unrealistic because government lacks the financial capacity to support such expansion.
He noted that the public sector wage bill already accounts for a significant portion of the national budget.
“The wage bill is 30% of the Budget (33% in 2025). Doubling the wage bill will bankrupt the country. Even the most reckless government cannot do this,” he said.
The former Finance Minister further claimed that the policy had effectively stalled because the government had failed to provide the incentive package promised to the private sector in the 2026 Budget.
He alleged that the 24-Hour Economy Secretariat had also not received funding from the GHS110 million allocation approved for the year, insisting that “the policy is dead on arrival. It is a scam!”
Latest Stories
-
Tony Elumelu appointed chairman of Seplat Energy
6 minutes -
Education Minister raises alarm over indiscipline in SHSs, announces national reform conference
7 minutes -
Lom Ahlijah advocates tech-based monitoring in schools after assault case
12 minutes -
UTAG threatens nationwide strike over delay in book and research allowance rate
20 minutes -
Boundary Commission urges border residents to protect boundary pillars and support national security
22 minutes -
Ghana to grow at 5.0% GDP in 2026, but faces huge investment financing gap – AfDB
24 minutes -
Deputy AG, 14 CSOs appear at Supreme Court for hearing on challenge to OSP’s prosecutorial powers
29 minutes -
Minority MPs meet Ghana High Commissioner to Canada to discuss diaspora welfare and bilateral relations
38 minutes -
GNAT threatens WASSCE boycott over detained Nyinahin SHS teacher
45 minutes -
Free SHS: Education Minister hails end of school food shortages
49 minutes -
NLA Director-General calls for a concerted effort in fight against illegal gambling
51 minutes -
74% of returned Ghanaians had overstayed visas – South Africa’s Int’l Relations Minister
54 minutes -
Ghana’s National Vaccine Institute joins WHO-backed Global Clinical Trials Forum
60 minutes -
World Bank set to approve US$300m for expansion of Ghana’s school infrastructure
1 hour -
South Africa says investigations ongoing, no decision yet on compensation for returned Ghanaians
1 hour