President John Dramani Mahama has rallied the private sector to fully participate in and support the 24-Hour Economy policy as it enters its implementation stage.

According to him, the bill, which has been passed into law, comes at a strategic time to anchor economic growth and accelerate the country’s recovery.

Delivering his national address during the 69th Independence Day celebration at the Jubilee House on March 6, 2026, President Mahama noted that the programme will rely heavily on the private sector.

He called on the sector to collaborate effectively with government institutions to coordinate regulatory support across multiple industries.

Parliament passes 24-Hour Economy Authority Bill

“I am pleased to announce that I have assented to the 24-Hour Economy Authority Bill, and it has now become law. This historic reform will boost Ghana’s productivity. Businesses will be incentivized to operate across multiple shifts. Factories will run around the clock, and services will become more accessible. Thousands of new jobs will be created across sectors including manufacturing, logistics, security, and transportation,” he said.

On February 19, 2026, President Mahama assented to the 24-Hour Economy Authority Bill, providing the legal and regulatory framework for the programme’s rollout and implementation.

The president added that the programme would also help tackle youth unemployment by creating jobs across multiple sectors of the economy.

He further stressed that the government has already moved from policy design to implementation of the broader 24-Hour Economy and Accelerated Export Development Programme, which was officially launched in 2025 as one of the administration’s flagship economic strategies.

The 24-Hour Economy programme forms part of the government’s broader economic reset agenda, which includes fiscal consolidation, debt restructuring, and measures aimed at restoring macroeconomic stability following Ghana’s recent economic crisis.





SP/MA

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