The National Democratic Congress General Secretary, Fifi Fiavi Kwetey, says the proposed 24-hour economy policy by the party’s flagbearer, John Mahama is transforming.
He highlighted that this policy not only aims to tackle the country's escalating unemployment crisis but also intends to reshape its economic landscape.
He expressed grave concern over the alarming rise in unemployment rates, especially among the youth, citing statistics from the Ghana Statistical Service.
The data revealed a significant increase in joblessness, particularly among individuals aged 15 to 35, with a notable gender disparity favouring males.
In response to this crisis, Kwetey underscored Mahama's proposal for a 24-hour economy policy, designed to revolutionize job creation and economic empowerment by fostering collaboration between the public and private sectors.
The core principles of this policy include maximising economies of scale and scope, optimizing capacity utilization, and synchronizing industrial operations with the global economic pace.
Kwetey emphasised that this initiative aims not only to alleviate unemployment but also to redefine how Ghanaians engage in economic activities beyond traditional working hours.
Reiterating the party's commitment to effective policy implementation, resource management, and leadership attuned to the dynamics of a "nocturnal" economy, Kwetey assured that the NDC is dedicated to realising the success of the 24-hour economy policy upon assuming power in 2025.
He stressed that this policy represents more than a mere campaign promise, serving as a pledge to cultivate a vibrant, round-the-clock economic culture that caters to every sector's needs and harnesses the potential of every Ghanaian.
Kwetey envisioned a Ghana where time constraints no longer hinder daily life, with businesses operating beyond the conventional 9-to-5 framework, thereby creating a ripple effect of job creation and economic growth.
In conclusion, Kwetey urged all Ghanaians to support John Dramani Mahama in the upcoming December 2024 general elections, enabling him to implement the 24-hour economy policy and other transformative initiatives for Ghana's development.
Latest Stories
-
Suspected killer in Kasoa land dispute shooting not a National Security operative
14 mins -
Ghana appoint four Para Athletics coaches in Preparation for Paris 2024
15 mins -
Kumasi Cheshire Home decries inadequate equipment; seeks public support
56 mins -
UCL: Niclas Fullkrug hands Dortmund first leg advange over PSG
1 hour -
GPL: Accra Lions beat Hearts of Oak to go third
3 hours -
Seek higher grounds as rains intensify – GMet warns
3 hours -
May Day: Sam Ankrah promises to prioritise welfare and well-being of workers if elected president
3 hours -
Bawumia plans door-to-door campaign for 2024 polls
3 hours -
GAF condemns ‘unprovoked’ fatal shooting of soldier in Kasoa land dispute
4 hours -
OSP’s request for money laundering probe against Cecilia Dapaah baseless – AG advises EOCO
4 hours -
Obofour Raphael releases ‘Asem Yi Di Ka’ EP
4 hours -
‘Operation Clean Your Surroundings’: Popular Kenkey joint and public toilets in Takoradi shut down
5 hours -
GFA boss Kurt Okraku graces Dreams FC’s dinner to celebrate CAF Confederation Cup exploits
5 hours -
We’ve intensified efforts to combat misinformation, hate speech ahead of elections- Akufo-Addo
5 hours -
Sekondi-Takoradi: STMA/Joy News’ ‘Operation Clean Your Surroundings’ taskforce arrest 10 for open defecation
5 hours