The Bank of Ghana has called on journalists to deepen their understanding of financial and economic reporting, underscoring the crucial role accurate media coverage plays in shaping public confidence in monetary policy and governance.

In remarks delivered Friday at the opening of a three-day training seminar in Koforidua, Director of Communication Bernard Otabil said the initiative is designed to improve the financial literacy of 25 selected journalists through focused sessions on central bank operations, inflation dynamics, and monetary policy.

“Effective communication from the central bank—and equally, fact-based reporting from the media—are vital to transparency and public trust,” Otabil said. “Financial journalism must move beyond surface-level headlines and tackle the complexity behind the numbers.”

The seminar aims to demystify technical subjects such as the central bank’s balance sheet and monetary interventions, a step the BoG hopes will reduce misinformation and misinterpretation in the media landscape.

“Most people don’t fully grasp the economic decisions that affect their daily lives,” Otabil added. “And even those who try often face reporting that doesn’t bring the full picture to light. That’s where journalists come in.”

The Bank of Ghana, which frequently confronts public scrutiny over interest rate decisions and inflation targets, is increasingly focused on aligning its communication efforts with informed media reporting. The training is part of a broader strategy to strengthen institutional credibility and enhance public discourse on economic policy.

Source:TheDotNews