PresidentJohn Dramani Mahama on Thursday, assented to the 24-Hour Economy Authority Bill, 2025, in a brief ceremony before the 13th cabinet meeting.
In his remarks after the signing, the president said, “Cabinet colleagues, I just appended my signature to give assent to the 24-hour Authority Bill. This Bill, which Ghanaians have been waiting for, was one of our flagship strategies for economic transformation.”
He explained that the process took a while because the government had to ensure due diligence to give legal effect to the policy initiative.
“Now we must move from strategy to implementation. The business sector is waiting, Ghanaian investors are waiting, foreign investors are waiting”, President Mahama added.
“They want to see the package of incentives that we can afford, so that they can invest more and expand productivity and also create more employment for our young people, and so it’s my pleasure to assent to this Bill today.”
The bill establishes a 24-Hour Economy Authority to serve as the central coordinating body to implement the policy, aligning public and private sector efforts, and addressing infrastructure and regulatory needs.
