By Francis Kobena Tandoh
The Parliament of Ghana on Friday officially passed the 24-Hour Economy Authority Bill, 2025, a flagship policy of the John Mahama administration.
The bill was passed after extensive deliberations and debate between the Majority and Minority caucuses on the floor of the House.
The bill, which was laid before Parliament in late 2025, is designed to transform Ghana’s economy into a 24-hour operational system.
It provides for the establishment of a 24-Hour Economy Authority to serve as the central coordinating body responsible for implementing the policy nationwide.
Under the legislation, the Authority will be tasked with aligning public and private sector initiatives, mobilising investment, and ensuring that the necessary regulatory and infrastructural support systems are in place to sustain round-the-clock economic activity.
The 24-hour economy policy was a key campaign promise of the National Democratic Congress (NDC) during the 2024 general elections and has been positioned by the government as a major driver of job creation, productivity, and economic growth.
However, the Minority caucus in Parliament raised concerns during the debates, warning that the policy could pose security challenges and create inconvenience for Ghanaians if not carefully implemented.
Despite the objections, the Majority caucus argued that the benefits of the policy outweigh the concerns, noting that adequate security and regulatory measures would be put in place to support its successful rollout.
The passage of the bill now paves the way for the formal establishment of the 24-Hour Economy Authority and the commencement of implementation processes one year after the assumption of office by the President John Mahama. Enditem
Source: Ghana Eye Report
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