Independent candidate Alan Kwadwo Kyerematen has endorsed the National Democratic Congress’ (NDC) flagbearer, John Dramani Mahama’s proposal for a 24-hour economy.
Speaking to members of his Movement for Change on December 2, Kyerematen argued that critics of the policy lack understanding in politics.
While supporting the initiative, he emphasized the need to inquire about the practical steps to achieve it.
“Former President John Mahama has said he will implement a 24-hour economy if elected. If he says that, he is not wrong. Whoever criticizes the 24-hour idea does not understand politics. The question we should be asking John Mahama is what he can do to ensure the economy can run for 24 hours,” noted Mr Kyerematen.
Mahama’s commitment to a 24-hour economy is part of his 2024 presidential election agenda.
He believes this policy will significantly contribute to economic expansion and job creation, especially for the youth.
In a statement marking the 2023 International Youth Day, Mahama outlined his administration’s dedication to nurturing a skilled and entrepreneurial youth.
However, Mr Kyerematen has emphasized that achieving this ambitious goal requires robust frameworks of industrialization, comprehensive infrastructure development, and a thriving tourism sector.
Mahama’s economic policy proposal has faced criticism, including from Vice President Dr. Mahamudu Bawumia.
During his Northern Region tour, Dr. Bawumia dismissed the idea of implementing a 24-hour economy, stating that it cannot be achieved without a thorough understanding of the implications and requirements.
He argued that many businesses already operate around the clock based on market demand and opportunities.
“I hear John Mahama has a new idea, and he wants to run a 24-hour economy. I say, where did he get this idea from? It is not a bright idea! A 24-hour economy cannot be legislated by the government. Today, there are many businesses that are already working for 24 hours. Hospitals are open for 24 hours. You can buy electricity for 24 hours. Because of digitalization, you can transfer money for 24 hours. There are many chop bars and restaurants that are open for 24 hours,” said Dr. Bawumia.