President John Dramani Mahama has welcomed Ghana’s 5.3% economic growth recorded in the first quarter of 2025, describing it as a promising indication of economic recovery and renewed stability.

Speaking during a courtesy visit by the Ghana National Association of Teachers (GNAT), the President reaffirmed his administration’s commitment to achieving economic stability across all sectors and delivering prosperity for every Ghanaian.

The growth figures, announced earlier this week in Accra by Government Statistician Dr. Alhassan Iddrisu, reflect a rebound from the 4.9% growth recorded during the same period in 2024. Dr. Iddrisu expressed optimism about the country’s economic trajectory, citing the improvement as a positive sign.

President Mahama echoed this sentiment, acknowledging the challenges that have plagued the economy in the past, particularly those arising from fiscal mismanagement.

“In the past, fiscal indiscipline has thrown the macro-economy off balance, leading to instability, a depreciating currency, and broader economic hardship,” he said. “This affects everyone, as it undermines our standard of living.”

He emphasized that a stable macroeconomic environment not only enhances investor confidence but also helps businesses plan more effectively.

“An appreciating and stable currency boosts our earnings,” the President added. “Stability in the macro economy is crucial to driving growth and delivering prosperity for all Ghanaians.”

Commenting on the latest GDP numbers, President Mahama said the 5.3% growth marks a return to a more sustainable growth path.

“The first quarter results suggest the economy is recovering well. If we close the year with a growth rate around 5%, it will confirm that the economy is expanding, not contracting,” he noted. “We will continue to focus on this momentum to ensure lasting stability and growth across sectors.”

On education, the President expressed deep concern over the sidelining of Parent-Teacher Associations (PTAs), particularly at the secondary level. He called for their full reinstatement, emphasizing the role of communities in managing schools.

“I was scandalised by how PTAs have been marginalised in recent years,” he said. “Globally, communities are given a voice in school governance. Ghana must follow this best practice.”

Drawing from the outcomes of the recent Education Forum, President Mahama stressed the need for decentralisation in educational management.

“One of the key recommendations in the forum’s review report was the decentralisation of school supervision,” he said. “It is far more effective for the Ghana Education Service to manage schools at the district level than from the national centre. We intend to engage GNAT and other stakeholders on this.”

He concluded with a firm call for collaboration in the education sector:
“I strongly believe that PTAs must be restored as active partners in our school system. They must work hand in hand with teachers and administrators to ensure effective school management and improved learning outcomes for our children.”