President John Agyekum Kufuor on Tuesday summed up the performance of the nation's economy in positive light and concluded that the outlook for the future is a positive one.
President Kufuor who made assessment while addressing this year's National May Day Parade at the Independence Square in Accra, paid glowing tribute to Ghanaian workers for their contribution to the economic growth of the nation over the past 50 years.
"We have made giant strides and we have good reason to say that the present is a great improvement on the past and we can believe that the future is bright."
This year's celebration was on the theme, "Labour and Nation Building; 50 years and Beyond."
President Kufuor was making a rather instantaneous reaction to remarks by the Secretary General of the Trades Union Congress, Kwasi Adu Amankwah, who had addressed workers and quoted 2003 figures that pegged the economy's performance at a low.
President Kufuor said it was a pity that the country's statistics on the Core Welfare Indicators tended to be outdated and expressed the hope that the rejuvenated Ghana Statistical Service would now work to provide more up-to-date data regularly.