David Ofosu-Dorte, Senior Partner at AB & David Africa, has emphasized that the Mahama administration’s 24-hour economy policy should serve as a catalyst for addressing Ghana’s longstanding productivity challenges.

According to him, for the policy to yield meaningful results, it must be strategically implemented to boost productivity, as inefficiencies remain a major hurdle in the Ghanaian economy.

“If you stimulate demand and you match it with a 24-hour economy, then you are increasing supply and you’re increasing productivity. That is what you do in a country that has low productivity,” Ofosu-Dorte told Bernard Avle on the Citi Breakfast Show on Monday, February 10.

The president said the initiative is “a deliberate policy to encourage and support businesses and public organizations to operate 24/7 in three shifts of eight hours to boost production, promote productivity and generate well-paying jobs – aimed at transforming Ghana into an import substitution and export-led economy.”

Meanwhile, Ofosu-Dorte observed that if the President fails to pull along all his appointees on the path of his vision, it would be a “lonely walk to nowhere”.

For him, “there should be central direction” and a great effort to carry the whole nation along in his bid to reset the economy.