The Government has announced the establishment of a Ghana Gold Board and the implementation of a 24-hour economy policy as part of a broader strategy to drive economic transformation, stabilize the cedi, and create jobs.
Presenting the 2025 Budget Statement in Parliament, Finance Minister Dr. Ato Forson emphasized that the 24-hour economy will stimulate growth by allowing businesses and institutions to operate around the clock in three shifts.
“This policy is aimed at boosting production, promoting productivity, and generating well-paying jobs. We will be presenting the policy to Parliament in due course for consideration,” he stated.
To support this initiative, the Labour Act, the Investment Promotion Centre (IPC) Act, and other enabling legislations will be reviewed to create a legal framework for its smooth implementation.
Additionally, the government will roll out the $10 billion ‘Big Push’ policy, which will focus on strategic infrastructure development to enhance economic growth and open up various sectors of the economy.
Dr. Forson also announced that the Ghana Gold Board will be established within the year to strengthen gold trade, increase reserves, and help stabilize the cedi.
“We will implement an economic transformation agenda underpinned by structural reforms, promoting modernized agriculture, agribusiness, and value addition for import substitution, export, and job creation,” he added.
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Ghana| Atinkaonline.com| Ebenezer Madugu