Former President John Dramani Mahama has said that his proposed 24-hour economy policy will make Ghana self-sufficient and export-oriented.
According to the 2024 presidential candidate for the opposition National Democratic Congress (NDC), the objective of the policy includes “enabling businesses to operate in three shifts,” adding, “This will help Ghana become self-sufficient and focus on export-oriented growth.”
He further indicated that the next NDC administration under his watch will enact new laws to support the 24-hour economy police. These laws, according to Mr. Mahama, will include “labour laws and tax incentives.”
“To assist companies, there will be favourable tax policies, stimulus packages, and financial assistance available for specific industries, including agro-processing and manufacturing,” the former president wrote in a statement.
Also, Mr Mahama emphasised that buying local products and services will be the government’s top priority, and measures will be implemented to ensure the smooth operation of the 24-hour economy.