The Bank of Ghana (BoG) has called on media professionals to strengthen their understanding of economic and financial matters to enhance the quality and accuracy of public discourse.
The call came during the opening of a three-day training seminar for 25 selected journalists in Koforidua, the Eastern Regional capital.
According to the central bank, better-informed financial reporting plays a critical role in helping Ghanaians make sense of economic policies and bolsters trust in the country’s economic management structures.
Speaking to the media on Friday, June 27, Director of Communication at the BoG, Bernard Otabil, underscored the purpose of the seminar. He said it would equip journalists with tools to demystify central bank functions and strengthen their capacity to report on financial topics with greater clarity.
Topics being addressed include the structure of the Central Bank’s balance sheet, principles of monetary policy, inflation dynamics, and fact-based financial reporting aimed at combating the spread of misinformation.
“Not many people understand economic issues the way they should, and those who do understand not all the facts are made bare to them. Bank of Ghana is a very important institution that uses so many jargons and terms that a lot of people may not fully understand. As a journalist, they have to understand what they are reporting and educate the people on it well,” Otabil stated.
The initiative forms part of the BoG’s broader efforts to foster transparency in financial governance and ensure the public receives accurate interpretations of the country’s economic realities.