GH¢650bn spent in two years but 24-hour economy has no beneficiaries - Oppong Nkrumah
Kojo Oppong Nkrumah, Ranking Member on the Economy and Development Committee, told Parliament that Parliament has approved close to GH¢650 billion over the past two years, yet the government cannot point to a single institution operating under its flagship 24-Hour Economy programme. He stated, "The promise of the 24-hour economy was clear. One, three, three. One job, three people, three shifts." He observed this while seconding a motion for the House to adopt the Committee's report.
Oppong Nkrumah, Member of Parliament for Ofoase-Ayirebi, challenged the government's industrial policy direction, arguing that the 24-Hour Economy has failed to deliver on its promises. He noted that the government has been urged to present its major policy documents to Parliament but has only submitted the 24-Hour Economy policy aside from annual economic policy statements. He criticized the administration for shifting focus to constructing 24-hour markets and developing incentives for the private sector, describing these as unproven pillars of a policy sold as a transformative economic solution.
Quick Summary
A Ghanaian MP has raised concerns about the government's 24-Hour Economy programme, despite significant parliamentary appropriations over the past
Summary - read the full story for complete context.
Image: MyJoyOnline
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from MyJoyOnline
Related Stories
More from Politics
Scrap 24-Hour economy, return to 1D1F - Oppong Nkrumah tells government
A prominent MP is advocating for a return to a previous economic initiative, questioning the effectiveness of current government programs.
5h ago•4 min read
Old Tafo, Manso Nkwanta NPP elections: Ashanti Committee insists on use of new album
A key NPP committee in the Ashanti Region is standing firm on election album rules-find out why this decision is causing a stir.
6h ago•2 min read
Miracles GH¢50m bail: Investigative bodies behaving as if they're superior to the courts -Suame MP
A Ghanaian MP is raising concerns about the fairness and legality of bail conditions set by investigative bodies, questioning their approach to
10h ago•2 min read
Two-day clean-up exercise insufficient to address flood crisis - Afenyo-Markin
Why does the Minority Leader believe a short-term clean-up won't solve Ghana's recurring flood crisis?
13h ago•2 min read
