New Economy has not replaced 24-Hour Economy – Kwame Anthony clarifies
by Miss Naa · MyNewsGh.comNDC communicator Julius Kwame Anthony has clarified that that the government’s introduction of its new economy programme and the 24-hour economy policy are two different philosophies altogether.
He argued that the two economic programmes should not be treated as competing policies because the 24-hour economy forms part of the government’s broader plan to transform the economy.
Speaking on Joy Prime, the Press Secretary and Spokesperson for the Ministry of the Interior questioned why the introduction of another economic programme should be interpreted as an indication that the 24-hour economy had been dropped.
“If someone tells you that you have introduced new economy, does it mean the 24-hour economy has been abandoned?” he asked.
Mr Anthony explained that the 24-hour economy policy had several components, including increasing local production, supporting private businesses and ensuring that state institutions with high productive capacity operate around the clock.
He said the government’s plan was to invest in key productive sectors while creating the conditions for private businesses to expand their operations.
He maintained that the implementation of the 24-hour economy should be assessed alongside the other economic measures being introduced by the government.
He also argued that policies were implemented in stages and that their full benefits could not be expected immediately.
Using the Free Senior High School programme as an example, he said the government did not introduce the policy by covering every eligible student at once.
He said the same approach applied to the 24-hour economy, insisting that the public should consider the implementation process rather than expect the entire programme to reach its peak immediately.
Source: MyNewsGh.com
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