Parliament will soon begin debates on Ghana’s 24-Hour Economy policy as the government moves to convert the existing Coordinating Secretariat into a statutory authority.
Also Read
Presidential Advisor on the policy, Goosie Tanoh, announced at a press briefing ahead of the programme’s official launch. He confirmed that approval has already been granted for the transformation of the Secretariat into a full Authority.
“The next step is parliamentary debate,” Tanoh said. “We need to discuss the programme’s content to justify creating the authority, but it’s inevitable, it will happen.”
He explained that the current incentive system lacks clarity and consistency, making it difficult for investors, both local and international, to plan long-term. To address this, the government is working with the Ministry of Finance to create a streamlined, performance-based framework.
“We want a credible incentive regime that aligns with national goals, meets IMF requirements, and restores investor confidence,” Tanoh noted.
He emphasized that the upcoming reforms will focus on reducing unpredictability, ensuring transparency, and building a business climate that rewards results rather than location.
Read also: Ghana targets $4bn private investment in 24-Hour Economy » Awake News
