Misinformation and disinformation remain a severe threat to economic stability - BoG's Bernard Otabil
Mr Otabil further underscored the critical role of ethical financial journalism in combating disinformation and misinformation, describing the phenomenon as a severe global threat
Bernard Otabil, the Director of Communications at the Bank of Ghana (BoG), highlighted the severe risks associated with misinformation and disinformation on economic stability. He emphasized that these issues continue to pose a significant threat to the economy. Mr. Otabil stressed the paramount importance of ethical financial journalism in the fight against disinformation and misinformation, labeling it as a grave global concern.
He made this statement during a workshop held in Koforidua, between the 19th and 21st of October 2026, which aimed to deepen journalists' understanding of central banking and improve ethical financial reporting practices. The BoG has consistently advocated for credible and ethical journalism, stressing that accuracy in financial reporting is not merely a professional duty but a vital economic asset.
Misleading headlines, Mr. Otabil warned, could lead to market panic and diminish public confidence. He urged journalists to maintain accuracy, fairness, and independence, and to humanize economic reporting for public comprehension. Mr. Otabil emphasized that the cedi is not simply paper or coin, but an embodiment of trust. He reaffirmed the Bank's dedication to ongoing interaction with the media through expanded training programs and stakeholder dialogues.
The journalists attending the workshop expressed their appreciation to the Bank for the valuable initiative.
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