The Eastern Region session is expected to push the total number of trained journalists to 100

The Bank of Ghana (BoG) has reaffirmed its commitment to strengthening media collaboration and enhancing financial literacy with a special training workshop for journalists in the Eastern Region.

The two-day training, which started from June 25, 2025, is part of a nationwide initiative to deepen the media's understanding of key economic and monetary policy issues.

Speaking at the opening session, Bernard Otabil, Director of Communications at the Bank of Ghana, emphasised the importance of fostering an informed and capable media to accurately report on the Bank’s activities.

He noted that the programme, sanctioned by the Governor, Dr Johnson Pandit Asiama, reflects the central bank’s ongoing efforts to promote transparency, improve communication, and build public trust in Ghana’s monetary policy framework.

“This initiative reflects our unwavering commitment to fostering a well-informed media landscape, particularly in the areas of monetary policy, macroeconomic analysis, and financial reporting,” Otabil said.

He stressed that clear, effective communication from the Bank is essential for ensuring public understanding, maintaining credibility, and supporting macroeconomic stability.

The workshop, which is the latest in a series of regional engagements, follows similar training sessions held in the Volta, Western, and Ashanti Regions, with over 75 journalists trained so far.

The Eastern Region session is expected to push the total number of trained journalists to 100.

Otabil highlighted that these engagements have significantly improved the Bank’s relationship with regional journalists, helping to ensure that information about monetary policy decisions and financial updates is disseminated quickly and accurately across the country.

As part of this growing collaboration, the Bank has also created dedicated WhatsApp channels for press corps in the participating regions to receive real-time updates and policy briefings.

Otabil also announced that a similar platform would be established for journalists in the Eastern Region, pending the successful completion of the training.

Otabil also commended Governor Asiama’s leadership in introducing innovative, media-friendly practices at the Bank of Ghana.

These include the Governor’s pre-MPC briefing sessions with the media and the publication of Monetary Policy Committee submissions, which are now available for public review for the first time since Ghana adopted the inflation-targeting framework in 2007.

“These innovations have positioned Ghana’s central bank alongside global counterparts that prioritize transparency and robust media engagement,” Otabil noted.

He concluded by encouraging participants to fully engage with the training sessions and wished them success in the programme, which he officially declared open.

Over the course of the training programme, participants will be trained on several critical topics aimed at enhancing their financial reporting skills.

These include accurate reporting, the practice of monetary policy in Ghana, understanding inflation dynamics, recent developments in the foreign exchange market, responsible borrowing, central bank balance sheet management, as well as macroeconomic analysis and the significance of key economic indicators.

How social engineering hacks your mind and your bank account