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BoG Advises Journalists to Deepen Knowledge in Financial Reporting

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The Bank of Ghana (BoG) has emphasized the need for media practitioners to enhance their understanding of financial and economic issues to improve accuracy and clarity in public reporting. According to the BoG, effective central bank communication and factual reportage on financial matters are essential for deepening public understanding of government policies and promoting transparency.

The Director of Communication at the BoG, Bernard Otabil, made this call at the opening of a three-day capacity-building seminar for 25 selected journalists in Koforidua. The seminar aims to equip journalists with the knowledge to accurately report on financial matters, reducing disinformation and misinformation.

Otabil explained that the training will cover topics such as understanding the Central Bank’s balance sheet, monetary policy practices, and inflation dynamics in Ghana. He stressed that journalists need to understand the issues they are reporting on and educate the public effectively, particularly given the complexity of economic issues and the use of technical jargon by the BoG.

The BoG’s initiative highlights the importance of accurate and informed reporting on financial matters, and its potential impact on promoting transparency and credibility in economic governance.

Sankofaonline/CNR