A revolutionary vision for Ghana’s economic future has been announced by former president John Dramani Mahama, who said, “The 24-hour economy is our pathway to economic revival and prosperity.”
Mr. Mahama, the National Democratic Congress flag bearer and presidential candidate, presented bold promises to increase productivity, generate jobs, and establish Ghana as a global economic powerhouse during a critical media briefing ahead of the 2018 elections.
His main suggestion is to use service delivery and continuous production to speed up development and growth.
The former president emphasized the necessity for transformation and the urgency of encouraging local production and industrialization in order to lessen reliance on imports.
“This initiative isn’t just a concept; it’s about creating a Ghana where businesses thrive round the clock, It’s time to embrace innovation, reduce vulnerability to external shocks, and empower our entrepreneurs to compete on the global stage.” Mr. Mahama said.
“The 24-hour economy will unleash the potential of every Ghanaian,” Mr. Mahama stated. “From SMEs to startups, this initiative will spur innovation, entrepreneurship, and inclusive growth.”
His strategy’s main focus is on providing incentives for companies to actively engage in the 24-hour economy in order to foster job growth and economic resiliency. The importance of digital infrastructure and technology in promoting sustainable development across the country was also emphasized by the former president Mahama.
His ambitious economic program has spurred national debate as Ghana gets ready for the December elections; proponents see it as a visionary move towards economic self-sufficiency, while detractors doubt its viability and execution.
The former president Mahama’s dedication to openness, effectiveness, and governance change is expected to influence the trajectory of the nation, with economic policy occupying a central place in the election discourse. He has promised to lead a resilient and wealthy Ghana.
Source: newsthemegh.com