The Minister for Local Government, Sanitation, and Religious Affairs, Ahmed Ibrahim, has announced that John Mahama’s Government will construct modern markets across the country to support the 24-hour economy initiative.
According to him, every district will be required to build a modern market to enhance commercial activity.
Speaking on the floor of Parliament on Thursday, Ahmed Ibrahim expressed confidence in the feasibility of the 24-hour economy.
“What we are doing in every district is identifying the commercial centres. Once that is done, we can allocate 25% of the District Assemblies Common Fund (DACF) to GHC 24 million annually towards developing these commercial hubs.
“The plan includes building schools nearby so farmers can have their children in school while they work in the markets. There will also be fire and police posts to respond to emergencies such as fires or theft. Our focus on the 24-hour economy goes beyond just providing electricity,” he stated.
Meanwhile, President John Dramani Mahama has announced that the policy, described by the government as a game changer, is ready and will take effect from July 1.
The 24-Hour Economy Policy, a flagship initiative of the National Democratic Congress (NDC) under then-flagbearer John Dramani Mahama, aims to keep the country’s economy running around the clock, with a focus on production, service delivery, agriculture, and manufacturing.
