Home Africa Ghana: Bawumia’s economic advisor, Kwame Pianim, discusses the 24-hour economy

Ghana: Bawumia’s economic advisor, Kwame Pianim, discusses the 24-hour economy

Ghana: Bawumia’s economic advisor, Kwame Pianim, discusses the 24-hour economy

Rédaction Africa Links 24 with Emmanuel Tornyi
Published on 2024-02-27 07:21:47

On February 26, 2024, during an interview on Joy News, a call was made for a thoughtful approach to economic and policy decisions. The emphasis was on addressing current challenges rather than proposing potentially difficult-to-achieve initiatives. The individual being interviewed expressed confusion over the concept of a 24-hour economy, questioning how it could be implemented when there are already challenges with providing electricity for a single shift, let alone three shifts. This sentiment was further illustrated by the example of attempts to implement repairs at night to alleviate traffic congestion, only to face logistical challenges due to security concerns.

The interviewee, who had previously served as Minister of Finance, highlighted the need to carefully consider each aspect of such proposals and focus on realistic immediate actions. The idea of a 24-hour economy was introduced as a policy by the NDC with the aim of transforming Ghana into a modern and vibrant economy that operates continuously, thus presenting more opportunities for businesses and job creation. This policy is intended to leverage the potential of agriculture and agribusiness, as well as provide essential social and IT infrastructure to drive economic growth.

The priorities of the 24-hour economic policy are geared towards equipping young people with the knowledge, skills, values, and attitudes necessary to thrive in a sustainable and resource-efficient society. These are the green skills required to build a sustainable world and support the development of a green economy. The emphasis is on creating a sustainable environment for future generations by instilling these critical skills and values in the youth.

Overall, the interviewee stressed the importance of a pragmatic approach to economic and policy decisions, focusing on addressing present challenges and implementing feasible solutions. The concept of a 24-hour economy was scrutinized for its practicality in the Ghanaian context, with an emphasis on the need for careful consideration and realistic action plans. The 24-hour economic policy proposed by the NDC aims to revitalize Ghana’s economy by enhancing business opportunities, creating jobs, and fostering sustainable development through the empowerment of the youth with essential green skills.

Read Original article on Pulse News

Previous articleSenegal President suggests general amnesty amid political strife
Next articleNigeria: Former Minister Sylva to give testimony at Bayelsa Guber Tribunal regarding Governor Diri’s re-election