24-Hour Economy must go beyond slogans – AGI demands concrete action
The CEO of the Association of Ghana Industries (AGI), Seth Twum Akwaboah, has urged government to move beyond slogans and focus on the concrete policies and programmes needed to make Ghana’s 24-hour economy work. He said the success of the policy should not be measured by the popularity of its name but by the practical […]
The CEO of the Association of Ghana Industries (AGI), Seth Twum Akwaboah, has urged the government to focus on practical policies and programs to make Ghana’s 24-hour economy a success. Mr. Akwaboah emphasized that the policy should be judged by the concrete steps taken rather than by its catchy name. Speaking on Joy News’ PM Express Business Edition, he stressed the importance of how policies are developed and implemented, questioning the consultative nature of the policy development process and the key activities within the policy.
The 24-hour economy policy aims to expand economic activity beyond regular working hours, creating more opportunities for businesses and workers. Though initially unclear, government consultations have helped clarify the initiative. Mr. Akwaboah cautioned against expecting overnight economic transformation from the policy, comparing it to the former government’s One District, One Factory (1D1F) initiative.
He called for identifying specific interventions to make the 24-hour economy a reality and highlighted the progress made by launching a blueprint containing potential transformative ideas. The AGI, which supports the policy, is actively engaging with the 24-hour economy secretariat for its implementation.
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