Audio By Carbonatix
President John Mahama has described the 5.3% growth recorded in Ghana’s economy during the first quarter of 2025 as a positive sign.
Speaking during a courtesy call by members of the Ghana National Association of Teachers (GNAT), he stated that his government remains committed to ensuring economic stability across all sectors and delivering prosperity to every Ghanaian.
Government Statistician, Dr Alhassan Iddrisu, announced the GDP figures in Accra earlier this week and also expressed optimism regarding the economy’s trajectory.
He noted that the first quarter performance indicates a rebound, as the 5.3% growth represents an improvement on the 4.9% recorded during the same period in 2024.
In response to the Statistician’s report, President Mahama acknowledged the challenges Ghana has faced in the past, saying: “In the past, fiscal indiscipline has thrown the macro-economy off balance, creating instability, a depreciating currency, and other challenges,” President Mahama remarked. “This affects all of us, as it impacts our quality and standard of living.”
He stressed that a healthier macroeconomic environment offers greater predictability to investors and business people, allowing them to plan more effectively.
“An appreciating and stable currency also improves our earnings. It is in our interest that the macro economy is stable, our currency is stable, and our economy is growing and delivering prosperity for our people,” he added.
Commenting further on the GDP figures, the President said: “The first quarter results have come in at around 5.4%, which indicates that the economy is returning to a normal growth path. This should be viewed as a good sign for us. If we close the year with a growth rate of around 5%, it would mean the economy is expanding rather than contracting. We will continue to focus on this to ensure stability across all sectors and greater prosperity for our citizens.”
He also addressed issues concerning education, particularly the role of Parent-Teacher Associations (PTAs).
He expressed concern over what he described as the sidelining of PTAs in recent years and emphasised the need for their full reinstatement.
“I was scandalised by the way PTAs have been marginalised and not allowed to be part of school management, particularly at the secondary level,” he said. “The global trend is to grant communities a voice in how their schools are run, and Ghana should be no exception.”
Touching on findings from the recent Education Forum, the President highlighted the importance of decentralisation in achieving better educational outcomes.
“When the review report was presented to me, one of the key issues raised was decentralisation—and I believe that is the right direction,” he said. “It is much easier for the Ghana Education Service to supervise and monitor schools at the district level than from the centre. This will be one of the areas we engage with you on.”
He concluded by saying “I firmly believe PTA participation must be fully restored. PTAs must work alongside teachers and school administrators to ensure our schools are well managed and our children receive quality teaching and learning outcomes.”
Latest Stories
-
Wontumi case: We can’t run an ambulance justice system – Atta Akyea
18 minutes -
Atta Akyea: Court of Appeal must review judge’s interpretation of mining assignment in Wontumi Case
29 minutes -
Justice hasn’t gotten a political term of 4 years – Atta Akyea raises concerns over Wontumi prosecution
40 minutes -
No Saturday sitting: Parliament to adjourn indefinitely on July 31
47 minutes -
Court orders extradition of Abu Trica’s alleged accomplice to US over $8m romance scam
54 minutes -
There seems to be an indecent haste to prosecute political cases – Atta Akyea criticises Wontumi trial
57 minutes -
Wontumi case: Justice should not be measured by the number of people jailed – Atta Akyea
1 hour -
Vice President assures Ghanaian diaspora of steady economic recovery, calls for support
1 hour -
Okada rider allegedly drives motorbike key into man’s skull during fight over passenger
1 hour -
Fuel tanker, kia frontier collide head-on at Fianko
2 hours -
NSMQ 2026: 98 schools in Ashanti region battle for national qualification spots
2 hours -
Archbishop of Canterbury embarks on weeklong tour to Ghana
4 hours -
Teshie launches Homowo 2026 with renewed commitment to peace, security and cultural heritage
5 hours -
Maritimo target Ghanaian winger Nana Kofi Donkor after impressive season in Georgia
8 hours -
Ghanaian youngster Isaac Assibu signs new Malmo deal, earns first-team promotion
9 hours