Minister for Finance, Dr. Cassiel Ato Forson, has reaffirmed the government’s commitment to implementing the much-discussed 24-hour economy policy, stating that it will soon be formally presented to Parliament.
“The Mahama-led NDC government is committed to the pursuit of the 24-hour economy policy,” he declared on Tuesday, March 11, during the presentation of the 2025 Budget Statement.
Dr. Forson emphasized that the policy is designed to boost economic productivity by encouraging businesses to operate around the clock, ultimately creating more job opportunities and fostering sustainable economic growth.
“This initiative aligns with our broader agenda of enhancing economic opportunities and ensuring inclusivity in employment,” he explained.
He further assured Parliament that the government is putting in place measures to facilitate a smooth rollout of the policy, including incentives for businesses willing to extend their operational hours.
“As part of our economic transformation strategy, the 24-hour economy policy will catalyze industrial expansion and investment,” he added.
Dr. Forson urged lawmakers to support the initiative when it is officially presented, stressing that its success would depend on close collaboration between the public and private sectors.
“The details of the policy will be outlined in a comprehensive framework before it is submitted to Parliament for deliberation,” he assured.
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