Government to Build Modern Markets in All Districts to Support 24-Hour Economy
Plans underway to establish modern commercial hubs in every district
- The government will build modern markets in every district
- 25% of the District Assemblies Common Fund
- The plan includes nearby schools and emergency services to ensure safety and convenience
The Minister for Local Government, Sanitation, and Religious Affairs, Ahmed Ibrahim, has revealed plans to establish state-of-the-art markets in every district as part of the government’s push to boost the 24-hour economy initiative.
He emphasized that each district will develop a modern market to stimulate continuous commercial activity. During his parliamentary address on Thursday, Ibrahim expressed strong belief in the viability of the 24-hour economy plan.
“We are pinpointing commercial hubs in each district. Once identified, 25% of the District Assemblies Common Fund (DACF), totaling GHC 24 million annually, will be allocated to the development of these markets,” he explained.
The initiative also includes building nearby schools to accommodate children of farmers working in the markets, along with the establishment of fire and police stations to quickly address emergencies such as fires or theft. Ibrahim highlighted that the strategy extends beyond just ensuring electricity supply.
In related news, President John Dramani Mahama announced that the much-anticipated 24-Hour Economy Policy is finalized and will be implemented starting July 1.
This flagship policy of the National Democratic Congress (NDC), championed by Mahama as party flagbearer, seeks to keep Ghana’s economy operating nonstop, with a strong focus on production, service sectors, agriculture, and manufacturing.
