The 24-Hour Economy Secretariat has held a high-level consultation with the Bank of Ghana to align the government’s flagship programme with the country’s macroeconomic and financial stability framework.
The two-day engagement, part of ongoing stakeholder consultations, focused on how the 24-Hour Economy can build on recent macroeconomic stabilisation by providing targeted interventions to support production, exports, and enterprise growth.
Key areas of discussion included commodity price stabilisation, food security, enterprise financing, credit risk mitigation, and the role of financial sector instruments in sustaining round-the-clock economic activity.
A major highlight was the proposed Food Security and Price Stabilisation Fund, designed to moderate food price volatility, reduce inflationary pressures, and strengthen national food security in complement to monetary policy measures.
The meeting also explored practical collaboration with the banking sector, including a dedicated 24H+ credit policy, coordinated credit appraisal, syndicated lending, recognition of credit insurance schemes, FX hedging tools for SME lending, and digital platforms to expand access to trade and finance.
Officials noted that the engagement marks an important step toward strengthening the financial services architecture required for effective implementation of the 24-Hour Economy as the programme moves into its operational phase.
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