Parliament has passed the 24-Hour Economy & Accelerated Export Development Authority Bill, 2025, following extensive debate and consideration at the third reading stage.
The passage of the bill marks a key legislative step in Ghana’s efforts to formalise a policy framework aimed at boosting productivity, expanding exports and driving continuous economic activity beyond traditional working hours. The proposed law establishes the 24-Hour Economy & Accelerated Export Development Authority, which will be responsible for coordinating, regulating and promoting initiatives linked to round-the-clock economic operations and export-led growth.
During debates on the floor of the House, Members of Parliament examined the objectives, scope and implementation mechanisms of the bill, with discussions focusing on its potential impact on job creation, industrial growth, logistics, manufacturing and service delivery. Supporters of the bill argued that a structured 24-hour economy could unlock new opportunities for employment, enhance competitiveness and improve the utilisation of national infrastructure.
Concerns were also raised during deliberations about implementation readiness, funding, labour protections and the need for strong coordination across ministries, departments and agencies. In response, proponents stressed that the authority would provide the institutional backbone required to align public and private sector efforts and ensure that the policy is rolled out in a phased and sustainable manner.
With the bill now passed, it is expected to be transmitted for presidential assent to become law. Once operational, the authority is anticipated to play a central role in advancing Ghana’s export diversification agenda, supporting value addition, and positioning the country as a competitive hub for trade and investment within the region and beyond.
The approval of the legislation signals Parliament’s backing of broader economic reforms aimed at stimulating growth, improving productivity and strengthening Ghana’s resilience in an increasingly competitive global economy.
