Thursday, 05 February

24-hour economy has become a policy cliché – Dr Stephen Amoah tells Parliament

News
Member of Parliament (MP) for Nhyiaso, Dr Stephen Amoah

The Member of Parliament (MP) for Nhyiaso, Dr Stephen Amoah, has questioned the credibility and practicality of the government’s proposed 24-Hour Economy Authority Bill, describing the policy as a “cliché” that has yet to translate into real economic gains for Ghanaians.

Contributing to the debate on the bill in Parliament, Dr. Amoah expressed frustration over what he said was the absence of tangible outcomes, particularly in the areas of job creation and economic transformation, despite repeated government references to the 24-hour economy.

According to him, the concept has been overused in political discourse without corresponding action on the ground.

“We keep hearing about the 24-hour economy, but where are the jobs? Where is the growth?” he questioned.

Dr. Amoah raised concerns about the true motivation behind the policy, suggesting that it may be more about political survival than a genuine attempt to drive economic development.

He challenged the government to demonstrate how the establishment of a new authority would change the economic reality for ordinary Ghanaians, arguing that policy announcements alone do not create employment.

The Nhyiaso MP also questioned the novelty of the 24-hour economy concept, noting that several sectors of the economy already operate around the clock. He cited public services, health facilities, and security agencies as examples of institutions that function on a 24/7 basis.

In his view, the bill fails to clearly explain what new value the proposed authority would bring beyond formalising what is already happening.

Dr. Amoah explained that a true 24-hour economy should be centred on continuous business operations, shift work, and deliberate job creation, rather than the establishment of another bureaucratic structure.

“If it is about running businesses in shifts and creating jobs, then we need to see how this bill makes that happen,” he argued.

Throughout his submission, Dr. Amoah maintained a skeptical tone, urging the government to move beyond policy slogans and present clear, actionable plans with measurable outcomes.

He warned that without a proven track record of delivery, public confidence in the 24-hour economy initiative would remain low.

The debate on the 24-Hour Economy Authority Bill has revealed deep divisions in Parliament, with government MPs defending the bill as a long-term economic framework, while opposition members question its relevance, feasibility, and impact.

As deliberations continue, the bill remains one of the most contested policy proposals currently before the House, reflecting broader disagreements over Ghana’s economic direction and governance approach.

Source: classfmonline.com/Gordon Sackitey