Bank of Ghana trains journalists on central banking and financial reporting

The Bank of Ghana has commenced a three-day training workshop aimed at enhancing journalists' comprehension of central banking and refining their financial and economic reporting skills. Scheduled from October 19 to 21, 2026, in Koforidua, the workshop convenes members of the Bank of Ghana Press Corps for discussions on media ethics, precise reporting, and the central bank's regulatory mandate.

Bernard Otabil, Director of Communications at the Bank of Ghana, emphasized the significance of credible and ethical journalism in combating misinformation and disinformation, cautioning that false information could erode public trust and jeopardize economic stability. Otabil highlighted the alarming prevalence of misinformation through digital platforms, such as deepfakes, AI-generated market rumors, social media amplification, and coordinated disinformation campaigns targeting currencies.

He underscored the growing importance of credibility in financial and economic reporting, stating that "credibility has become denominations' most valuable transferable asset." Otabil urged journalists to acknowledge the broader ramifications of their work, asserting that ethical reporting could bolster public confidence, preserve savings, ensure economic stability, and facilitate informed choices.

Over the three-day program, participants will delve into critical aspects of the Bank of Ghana's operations and policy decisions, encompassing its domestic gold purchase program, foreign exchange market developments, inflation dynamics, the central bank's balance sheet, and monetary policy statements. These sessions aim to enrich journalists' understanding of monetary and financial matters, thereby fostering more accurate reporting on issues impacting the economy.

Otabil further revealed that the Bank intends to bolster its interaction with the media through expanded training programs, regional press forums, editors' forums, dedicated communication platforms, and the Governance, Economic, and Financial Story of the Year Award. He urged attendees to actively engage with the central bank, pose inquiries, and seek elucidation on its policies and operations.

"I encourage you to participate fully, ask questions, and challenge us," Otabil advised. The workshop is anticipated to conclude on Wednesday, October 21, with discussions on ethical challenges in financial journalism.