The government has allocated GH¢110 million for the implementation of the 24-hour economy programme, a flagship initiative designed to boost productivity, create jobs, and drive economic growth across multiple sectors.
According to the Minister for Finance, Dr Cassiel Ato Forson, the funding will support the initial rollout phase of the policy, which encourages businesses and public institutions to operate in shifts throughout the day and night.
Presenting the 2026 Budget Statement and Economic Policy, Dr Forson said: “Mr Speaker, to unlock round-the-clock productivity, exports, and decent jobs under the 24-Hour Economy, we are providing an allocation of GH¢110 million in 2026 for the implementation of the 24-hour economy programme. This will be leveraged with GIIF/DBG and private capital to keep financing largely off the sovereign balance sheet.”
The allocation forms part of the government’s broader efforts to accelerate economic recovery, promote sustainable employment, and strengthen Ghana’s industrial base.
The 24-hour economy initiative is expected to improve service delivery, reduce unemployment, and maximise the utilisation of national infrastructure.
It also aims to attract private sector participation and investment in key areas such as manufacturing, health, transportation, and security.
Government officials have expressed optimism that the programme will transform the labour market and improve living standards.
They added that the necessary policy frameworks—including energy support and security measures—are being developed to ensure its successful implementation.
Earlier, Augustus Obuadum Tanoh, Presidential Advisor for the 24-Hour Economy Secretariat, noted that the government plans to mobilise $4 billion over the next four years from development finance partners and institutions worldwide to support the full-scale rollout of the programme.
He explained that the initiative is anchored on three key pillars: Production Transformation, Supply Chain and Market Efficiency, and Human Capital Development. These thematic areas are further supported by eight sub-programmes, including Grow 24, Make 24, Connect 24, Show Ghana, Go Ghana, Digital Technology, and Aspire 24.
