Former Finance Minister Dr Amin Adams has criticized the government’s flagship 24-Hour Economy program, describing it as a “confusing mix of policy ideas with no clear implementation arrangement.”
Addressing the press on Friday, November 14, Adams, speaking on behalf of the Minority in Parliament, questioned the government’s ability to deliver on its economic pledges. “The current administration secured the mandate of Ghanaians on the back of lofty pledges to transform the economic paradigm of our beloved nation, yet unfortunately those promises have not materialized,” he said.
Dr Adams highlighted the intended job creation impact of the program, which promised a 133-job model with three shifts per job. “You remember the 24-Hour Economy, which the government launched this year. This program was said to be a job creation policy… But what has happened so far?” he asked.
He lamented that, two years into the program, many youths remain unemployed while farmers and traders report weak demand and poor sales. Adams also raised concerns over budgetary allocations. “We are going into the second year since the program was launched, yet the government failed to announce in the 2026 budget the allocation of 90 million Ghana cedis to the 24-Hour Economy,” he said.
The former finance minister described the allocation of 70 million for goods and services and 20 million for CAPEX as “tokenism,” arguing it falls far short of the program’s ambitious objectives. “This, no doubt, is helpless. This cannot help achieve the program objectives of creating a 133-job model,” he concluded.
