The Ghanaian government plans to raise $4 billion by 2029 as part of its 24-Hour Economy program.
Speaking to the Ghana News Agency, Presidential Advisor Augustus Obuadum Tanoh stated that the government considers this initiative a priority and will seek international funding to support the project.
The aim of the initiative is to revamp the national economy. According to the plan, uninterrupted productivity will be encouraged in key sectors, ensuring the full utilization of the country’s potential.
In this regard, the creation of 1.7 million new jobs is planned. These employment opportunities are expected to boost industrial growth and accelerate economic transformation.
President Mahama, upon taking office, prioritized economic recovery in the face of challenges such as high public debt, ongoing debt restructuring, and persistent inflation.
To restore financial stability, the government implemented strict reforms, including budget cuts and major changes in the tax and energy sectors.
With this project, the foundation has been laid for a more dynamic and resilient economy.