HomeLocal NewsTimely execution of 24-Hour Economy key to sustaining recovery - GNCCI

Timely execution of 24-Hour Economy key to sustaining recovery – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI) has urged the government to ensure the swift implementation of key economic initiatives, including the 24-Hour Economy and the Big Push programme, to sustain Ghana’s recovery efforts. The Chamber noted that while recent measures have helped restore confidence and improve macroeconomic stability, the success of major programmes will depend on effective execution, adequate financing, and stronger collaboration with the private sector.

GNCCI President Stephane Miezan made the appeal at the Chamber’s Mid-Year Budget Review Seminar in Accra, held as part of its National Dialogue Series. The event brought together business leaders, policymakers, development partners, economists, and representatives from both public and private sectors to evaluate Ghana’s economic performance and the implications of the 2026 Mid-Year Budget Review for businesses.

Miezan commended the government’s commitment to fiscal discipline, describing the shift from heavy borrowing and spending to prudent financial management as a positive step toward boosting investor confidence. He added that the Mid-Year Budget Review offered an encouraging outlook for Ghana’s recovery and reflected progress in building a more predictable business environment to support investment and long-term growth.

However, he stressed that flagship interventions, including the 24-Hour Economy, the Accelerated Export Development Programme, the Big Push initiative and other industrial and agricultural programmes, were still at the early stages and required deliberate action to achieve their intended outcomes.

He said their success would largely depend on timely execution, policy consistency, sufficient financing and stronger partnerships between the public and private sectors.

The GNCCI President urged the government to maintain the current momentum by strengthening institutional coordination and deepening engagement with businesses to ensure policies translate into measurable economic gains.

He emphasised that businesses continue to operate amid domestic and global uncertainties, making objective economic analysis and consistent policy direction critical for investment decisions and competitiveness.

Source: GNA

Benjamin Mensah
Benjamin Mensahhttps://freshhope1.org
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