Parliament has passed the 24-Hour Economy Authority Bill, 2025, paving the way for the implementation of one of the flagship economic policies of President John Dramani 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 initially laid before Parliament towards the end of 2025.
The legislation seeks to transform Ghana’s economy into a system that operates around the clock through the establishment of a 24-Hour Economy Authority, which will serve as the central coordinating body for the policy’s nationwide rollout.
Under the law, the Authority will be responsible for harmonising public and private sector efforts, attracting investment, and ensuring that the necessary regulatory and infrastructure frameworks are in place to support continuous economic activity.
The 24-hour economy policy was a key campaign promise of the National Democratic Congress (NDC) ahead of the 2024 general elections, with government positioning it as a strategy to boost productivity, create jobs and accelerate economic growth.
During parliamentary debates, members of the Minority caucus raised concerns that operating an economy around the clock could pose security challenges and inconvenience the public if adequate safeguards are not implemented.
The Majority caucus, however, maintained that the benefits of the policy outweigh the concerns, assuring the House that appropriate security measures and regulatory controls would be put in place.
With the passage of the bill, government is now expected to proceed with the establishment of the 24-Hour Economy Authority and begin the processes required to operationalise the policy.
