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24Hour Economy will take off, You don’t rush policy implementation – Chief of Staff

2026-02-28 11:00:00
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Julius Debrah, Chief of Staff has assured that the 24-Hour Economy initiative is going to be rolled out according to plans.

He appealed to Ghanaians to be assured that the President will deliver on his mandate.

“The president has been delivering, and we are very optimistic that he is going to keep to his promises that he made to the nation, just be assured.

“As a government, you don’t rush into implementing policies, and if you have followed, the 24-hour Economy programme has been taken to parliament and it has become an authority, we are going to roll out according to the plan of the president, be assured,” he told journalists in parliament just before President John Dramani Mahama delivered the state of the nation address (SONA)  on Friday February 27.

During the SONA, President John Dramani Mahama affirmed his commitment to fully roll out the 24-Hour Economy initiative, describing it as a bold step toward economic transformation in Ghana.

President Mahama commended Parliament for approving the 24-Hour Economy Authority Bill, noting that the approval paved the way for its formal assent.

“I want to thank this House. On February 6, 2026, the House passed the 24-Hour Economy Authority Bill, establishing the regulatory framework and legal mandate necessary for full implementation. All is now set for take-off,” he stated.

According to him, the initiative will enable businesses to operate beyond traditional hours, attract investment through strategic partnerships with the Development Bank of Ghana and the Ghana Infrastructure Development Fund, and strengthen the foundation for sustained economic growth and job creation, particularly for young people.

“In this year’s budget, 110 million has been allocated to begin the setting up and implementation of the 24-Hour Economy Authority. These resources will enable businesses to trade beyond traditional business hours,” he said.

He termed the initiative as a robust measure that will not only expand trading opportunities but also boost productivity, attract foreign and domestic investment, and solidify Ghana’s position as a resilient and innovative economy in the region.

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