Politics

The exclusive concept of 24-hour economy – Baba Jamal, ESQ.

In an exclusive interview On Monday 15th July,2024 on Lucky TV with Baba Jamal, ESQ, deputy director of legal Affairs NDC hosted by Adwoa Akyeampomaa Owoahene on Adekye Mu Nsem , the former MP has a lot to share, concerning his life as a lawyer, a politician and his party, especially in the lead up to the 2024 general election.

Quizzed by the host to clarify for the viewers what their lead policy for the 2024 election, The 24 Hour economy reall mean, he said “A 24-hour economy allows businesses to tap into previously untapped markets, operate more efficiently, and attract foreign investment. By extending operating hours, businesses can cater to the diverse needs of consumers, leading to economic expansion and prosperity on a national scale”

He continued by saying, Globally, countries that are known to be at the forefront of successfully practicing a 24-hour economy include: USA, Canada, France, UK, China, Japan, United Arab Emirates, Singapore, Australia, Germany and many others.

Furthermore, the 24-hour economy can contribute to economic growth by increasing productivity and revenue generation. Extended working hours allow businesses to operate continuously, leading to increased production and service delivery.

This in turn, stimulates economic growth, attracts foreign investment, and creates a more prosperous environment for Ghanaians. A thriving economy can support the development of robust healthcare infrastructure, improve the quality of medical
services, and attract skilled healthcare professionals

The 24-hour economy provides convenience for Ghanaians by offering more flexible working hours and services. This can be particularly beneficial for individuals who work irregular shifts, have family responsibilities, or require medical attention during non-traditional hours.

“For Ghanaians to get more vacancy to expand our economy why don’t we gather the raw materials which is going to be beneficial and create a channel so that things, this will help with the constant rise in prices, which will in turn help every individual to get something doing “

The introduction of the 24-hour economy policy is going to to help reduce the increase of prices and help the economy to develop he said.

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