Parliament has passed the 24-Hour Economy Authority Bill, 2025, to establish the 24-Hour Economy Authority in a bid spur Ghana’s economic transformation.
The passage of the bill establishes the regulatory framework and legal mandate for the formalization and implementation of the 24-hour economy.
The authority is tasked with implementing the government’s 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy aimed at enhancing productivity and promoting inclusive growth.
It will lead and coordinate the myriad policies, strategies, programmes, and activities that will be implemented to transform the country into an economy that is working 24 hours a day.
If the President assents to the bill, the bill will seek to address long-standing structural issues within the productive economy of the country.
It will further seek to reduce the dependence of the country on exporting relatively low-value raw materials and reliance on costly imported finished and intermediate goods.
This is expected to end more commodity value, leaving the economy with each productive cycle, thus ultimately contributing to ending a cyclical crisis that hampered national development.
The bill, which enjoyed bipartisan support from both sides of the House, was laid in the House by the Deputy Attorney General and Minister of Justice, Dr Justice Srem-Sai, on December 3, 2025, and it was referred to the Committee on Constitution and Legal Affairs for consideration.
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