The Minority in Parliament has questioned the effectiveness of the 24-Hour Economy program, a flagship policy designed to create jobs for Ghana’s youth.
Former Finance Minister Dr Amin Adams, addressing the press on Friday, November 14, said the initiative has largely failed to meet its objectives.
“The same youth who were told they will have shifts to work when this government comes to power, today they continue to roam the streets without work,” Adams said.
He explained that farmers and traders have also been adversely affected due to weak demand, a sign that the program’s economic impact has been limited.
Dr Adams questioned the government’s budgetary commitment, noting inconsistencies in reported allocations. “The minister said 110 million Ghana cedis for 2026, but if you get to the appendix, you will see only 90 million Ghana cedis allocated towards 24-Hour Economy,” he explained.
He further criticized the high projected cost of the program, estimated at $4 billion, with the government expected to contribute between $300 to $400 million.
“This can best be described as tokenism, given that the programme is the main development blueprint of the NDC government,” Adams said.
He warned that without decisive action, the 24-Hour Economy will fail to deliver the intended job creation benefits, calling for more concrete planning and execution to ensure Ghana’s youth are gainfully employed.
