President John Dramani Mahama has officially cut sod for the construction of a 24-hour economy model market in Dormaa Ahenkro, marking a significant step in the government’s efforts to boost local commerce and economic activity.
Speaking at the ceremony, President Mahama announced that the initiative will be rolled out across all 261 districts in the country. He explained that the model markets are designed to operate round-the-clock and will be equipped with modern facilities to support traders and improve service delivery.
According to him, the markets will feature essential amenities including banking services, cold storage units, daycare centres, as well as police and fire service posts and clinics. He noted that these additions are intended to create a safe, efficient, and inclusive trading environment while promoting continuous economic activity.
During his visit to the Bono Region, the President also inspected ongoing infrastructure projects, including the Jinijini–Sampa Road and the Sunyani Outer Ring Road. He expressed satisfaction with the progress made so far and reiterated the government’s commitment to improving road networks to facilitate trade and connectivity.
Touching on the broader economic outlook, President Mahama highlighted improvements in macroeconomic stability. He revealed that inflation has dropped significantly from 23.4 percent to 3.3 percent, while the Ghana cedi has strengthened from a range of GH¢16–GH¢17 to approximately GH¢10.70 against the US dollar.
He emphasised that maintaining these gains is crucial, warning that sustained discipline and sound economic management are necessary to shield the country from potential external shocks.
The 24-hour economy market initiative forms part of the government’s broader agenda to stimulate growth, create jobs, and enhance livelihoods across the country.
