Parliament has passed the 24-Hour Economy Authority Bill, 2025, clearing the path for the implementation of one of the key economic initiatives of President John Dramani Mahama’s administration.
The bill, which was presented to the House in late 2025, received approval after several days of extensive debate, with Members from both the Majority and Minority caucuses contributing to discussions on its scope and impact.
The new law aims to transform Ghana’s economy into a continuous, round-the-clock system through the establishment of a 24-Hour Economy Authority.
The Authority will serve as the central coordinating body responsible for overseeing the nationwide rollout and implementation of the policy.
Under the legislation, the Authority is mandated to coordinate public and private sector participation, attract both local and foreign investment, and ensure that the necessary regulatory and infrastructure frameworks are established to support uninterrupted economic activity across various sectors.
The 24-hour economy concept formed a major part of the National Democratic Congress’ campaign agenda during the 2024 general elections. Government expects the initiative to increase productivity,
expand employment opportunities, and accelerate national economic growth.
During deliberations in Parliament, Minority Members raised concerns about possible security challenges and public
inconvenience if the policy is implemented without adequate safeguards. They stressed the need for clear operational guidelines and enhanced security measures to protect businesses and citizens.
In response, the Majority caucus maintained that the potential economic gains outweigh the concerns raised.
They assured the House that robust security, regulatory, and operational mechanisms would be introduced to ensure the smooth and effective implementation of the policy across the country.
