As debate continues over the practicality of President John Mahama’s 24-hour economy promise, economic analyst P.K. Sarpong has dismissed the policy as nothing more than a political illusion.
According to Sarpong, the initiative lacks substance and is based on ambition rather than a detailed, actionable plan.
Speaking on Asaase Radio, the associate of the Institute of Economic Research and Public Policy (IERPP) accused the National Democratic Congress (NDC) of pushing an idea that was never grounded in economic reality.
“Mahama’s 24-hour economy is idealistic at best. It exists only in his mind. There’s no policy document, no roadmap, no strategy. Ghanaians were clearly misled,” he stated.
Sarpong argued that the policy, which was marketed as a game-changer in the 2024 elections to boost employment and productivity, is not feasible under Ghana’s current economic conditions.
He pointed to high electricity costs, infrastructure limitations, and logistical barriers as major stumbling blocks.
His comments add to the growing criticism from experts and citizens questioning how such an ambitious policy could be rolled out without the necessary groundwork.