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.
Read Mahama’s statement below:
MAHAMA WRITES: GHANA WILL BE SELF-SUFFICIENT & EXPORT-ORIENTED UNDER 24HR ECONOMY.
My objective is to create a 24-hour economy in Ghana by enabling businesses to operate in three shifts. This will help Ghana become self-sufficient and focus on export-oriented growth.
To achieve this goal, the government and private sector will collaborate. The 24-hour economy is designed to create new employment opportunities, particularly for young people, address unemployment, and enhance living standards in Ghana.
My government will enact new laws to support businesses operating 24/7, including 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.
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.
Security, sanitation, cleaning, and environmental protection will be critical components of the 24-hour economy. Financial services at the ports will be operational 24/7, reducing delays and congestion.
The initiative aims to benefit various sectors, create jobs, improve living standards, increase productivity, and provide convenience for citizens.
#Together4Change2024
#Mahama24HourEconomy
#LetsBuildGhanaTogether
John Dramani Mahama
NDC 2024 Flag Bearer
Source: 3news.com
