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Ghana: Ghana can increase revenue through 24-hour economy

Ghana: Ghana can increase revenue through 24-hour economy

Rédaction Africa Links 24 with Ghanaian Times
Published on 2024-03-27 06:51:31

Mr. John Kuuku Dsane, a retired Forensic Psychiatry specialist, believes that Ghana has the potential to increase its revenue by implementing a 24-hour economy. By doing so, the country can attract more investment, create job opportunities, and boost the retail sector. In an interview with the Ghana News Agency, Mr. Dsane emphasized the importance of adopting this policy to drive economic growth and reduce unemployment, especially for the youth.

Mr. Dsane, who previously worked in the United Kingdom and is now based in Ghana, highlighted the need for a strategic shift towards a 24-hour economy to enhance global competitiveness. He suggested that Ghana should take a holistic approach by implementing supportive policies and infrastructure projects to fully unlock its economic potential and improve the well-being of its citizens.

To successfully transition to a 24-hour economy, Mr. Dsane proposed several strategies, including providing tax incentives, regulatory reforms, and financial support for businesses operating round the clock. He also emphasized the importance of investing in reliable transportation, energy, and communication systems to support uninterrupted operations. Additionally, Mr. Dsane recommended training programs for workers to ensure a smooth transition and maximize the benefits of extended working hours.

Public awareness campaigns were also deemed essential by Mr. Dsane to educate citizens about the benefits of a 24-hour economy and address any concerns or misconceptions. Moreover, he suggested collaborating with international organizations and countries that have successfully implemented a 24-hour economy to learn from their experiences and best practices.

Mr. Dsane pointed out that a continuous economy allows for flexible work schedules that accommodate diverse lifestyles and preferences. Employees can choose hours that suit their needs, leading to increased productivity and job satisfaction. By embracing a 24-hour economy, Ghana can create a more dynamic and vibrant business environment that attracts investors and supports sustainable economic growth.

In conclusion, Mr. Dsane’s advocacy for a 24-hour economy in Ghana is driven by the belief that it will catalyze economic growth, reduce unemployment, and enhance the country’s global competitiveness. By adopting this policy and implementing the necessary strategies, Ghana can position itself as an attractive destination for investment and create a thriving and resilient economy that benefits all its citizens.

Read the original article on Ghanaian Times

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